Al Maryah Community Bank launches new digital service

Al Maryah Community Bank launches new digital service

Al Maryah Community Bank (Mbank) announced the launch of its new digital service for issuing an investor number in the Dubai Financial Market (DFM) through its application Mbank UAE, whereby new DFM investors will be able to obtain a new investor number and immediately participate in the IPO opportunities through Al Maryah Community Bank(Mbank) application. The launch of this feature was driven by the keen vision of Mbank to support its customers and to provide an exceptional experience for digital subscription easily in the initial public offering of Dubai Electricity and Water Authority through the Mbank UAE application, during the subscription period from Thursday 24 March 2022 to April 2, 2022, and with a subscription of minimum AED 5,000 and a guarantee of allocating at least of 1,000 shares. Al Maryah Community Bank (Mbank) also provides the investors with the opportunity to leverage their investment up to five times, as well as to benefit from the opportunity to invest for their children in DEWA's IPO using the “Eyalna” accounts from Al Maryah Community Bank (Mbank). Al Maryah Community Bank (Mbank), as a receiving bank, enables its customers to conveniently participate in the subscription through its banking application within a few