Al Maryah Community Bank receives approval from UAE Central Bank

Al Maryah Community Bank receives approval from UAE Central Bank

“Al Maryah Community Bank” has announced the receipt of Central Bank of UAE's license making it the first specialized digital bank to serve the UAE community through using state-of-the-art new age banking technologies.  “Al Maryah Community Bank” will focus on serving all the community banking needs in line with the vision of the UAE leaders in supporting individuals and small businesses within the UAE economy by employing forward thinking concepts driven by innovation and technology.Customers can seamlessly open their accounts and experience a whole lot of smart banking services built on AI powered technology integrated with UAE Government's Smart Services.The bank's suite of financial products and services will concentrate on bridging many gaps that individuals and SMEs face in terms of successful financial management and achieving growth,  and also looking forward to aiding the savings, investment goals of both Emiratis and Expatriates alike.Mr. Tarek Ahmed Al Masoud, Chairman of the Board of Founders, commented on the approval of the Central Bank of the United Arab Emirates, saying, "We are pleased to obtain the approval and we would like to sincerely thank CB-UAE for their progressive vision that would go a long way to serve and support the digital banking needs