The first mobile application to generate NINs for both ADX & DFM IPO subscriptions

The first mobile application to generate NINs for both ADX & DFM IPO subscriptions

Abu Dhabi: Al Maryah Community Bank, a leading digital bank in the United Arab Emirates, is the first and only banking platform in the Emirates that has developed for its customers an innovative solution to digitally create National Investment Numbers (NINs) for investing in both Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) and self-subscribe to Initial Public Offerings (IPOs) through Mbank’s mobile application and online channels.

In close collaboration with both Abu Dhabi Securities Exchange and Dubai Financial Market, this will facilitate the IPO subscription process in both stock markets by offering this one-of-a-kind service in the UAE whereby investors can generate NINs for both just by downloading the Mbank UAE mobile application, opening an account, and creating their investment numbers; in preparation for the upcoming IPO listings – instead of heading onto separate independent platforms to generate a NIN for each stock market at a time.

As a community bank, Mbank focuses on its commitment to encourage investments and savings, as they are essential aspects of building wealth and having a secure financial future. Through this collaboration, Mbank encourages investors to venture into stock markets by providing them with a secure digital solution to do so and facilitating