Mbank, in collaboration with Khalifa Fund, launches corporate banking platform

Mbank, in collaboration with Khalifa Fund, launches corporate banking platform

Al Maryah Community Bank (Mbank), a leading digital bank in the United Arab Emirates, in collaboration with Khalifa Fund for Enterprise Development, announces the launch of its highly anticipated Corporate Banking Platform, offering all types of businesses the ability to open a fully digital business bank account through the Mbank UAE mobile application in 6 simple steps, in less than 10 minutes, with zero minimum balance, and zero monthly fees; revolutionizing the banking process for its clients through next-generation digital banking solutions. Mbank’s Corporate Banking Platform launches less than two weeks after Mbank and Khalifa Fund sign a Memorandum of Understanding, whereby Mbank continues to pursue its promise to support National and Resident entrepreneurs by offering financing solutions to eligible SMEs supported by the Khalifa Fund through a credit guarantee scheme, including a range of exclusive benefits when they open an account such as no minimum balance requirements, access to a marketplace, a dedicated relationship manager, and innovative banking services. Whether a sole proprietorship, partnership, or corporation, business owners can now easily open a Corporate Bank Account via Mbank’s specialized Corporate Banking Platform and enjoy the vast range of products such as online and mobile banking, savings and checking accounts,