Mashreq Qatar Upgrades Online Banking Platform

Mashreq Qatar announced the launch of its upgraded award winning ‘Mashreq Online’ platform. This utility broadens the scope of other e-banking channels that link to Mashreq Online such as mobile banking, phone banking, ATMs & cash and cheque deposit machines.

Niranjan Mendonca, Head of Retail Banking, Mashreq Qatar commented, “Despite winning the best Consumer Internet bank Award for 3 years in a row; we have upgraded the platform to offer more convenience. Customers can now perform frequently used transactions within two clicks and make payments and transfers instantly”
“We are offering free remittances to anywhere in the world through Mashreq Online till 31st March 2012,” Mendonca added.

Mashreq Qatar which has won ‘Best Consumer Internet bank in Qatar’ Award from New York based Global Finance Magazine, in 2009, 2010 & 2011. The Award was based on the bank’s distinctive offerings to extend a world class banking experience to customers allowing them to open accounts & book deposits, pay Qtel & Kahramaa bills, recharge Hala, Book & redeem Mashreq Millionaire certificates and transfer money to anywhere in the world, through a secure online banking platform from the comfort of their home or office. Mashreq is one of the UAE’s leading financial institutions and the region. Founded in 1967 as Bank of Oman, the bank has played a pioneering role in the industry, particularly in retail banking. Among its many firsts, it was the first to launch such products as travelers’ cheques, credit cards and ATMs.

Mashreq has received numerous international awards such as the Best Bank in the UAE in 2008 from Euro money and various awards particularly for quality management. According to independent research it has more ISO certifications than any bank in the region by a wide margin. It’s most recent acknowledgement was Best Consumer Internet Bank in Qatar, Best Consumer Internet Bank regionally by Global Finance Awards 2009 and Best Emerging Market Banks Middle East by Global Finance Awards 2010.

As a leading financial Institution in Qatar, Mashreq aims to be world class in every facet of its business; including its social responsibility to the community it serves. Towards this goal the bank pays particular attention to recruiting, training, developing and retaining Qatari National employees.

Press Release