Al Maryah Community Bank is UAE’s digital-only bank. It has recently met all the demands set by the UAE Central bank and has launched its app after the final approval. The banking services will now be available to the public.
The bank claims that customers can create accounts in the app in less than five minutes. The app called Mbank UAE is available on both App Store and Google Play.
The bank was established in April and views individual and small businesses as their potential customers. The executives of the bank have expressed their gratitude to UAE for trusting their initiative and granting them a banking license. The banking service will now be available to everyone and anywhere.
The app also provides space for customers’ feedback on its product and services.
Bank’s CEO Mohammed Wassim said that through their banking app the people of UAE will experience AI-powered technology and an integrated digital platform in the banking sector.
The bank’s directors board was announced last month with Tariq Ahmed Al Masaood as Chairman.
