Mashreq Private Banking celebrates Excellence at the ABF Retail Banking Awards 2024

The bank’s solutions have brought significant value to clients and other stakeholders.

Mashreq Private Banking prides itself in its ability to retain the values of the past whilst embracing the innovation of the future. This is bolstered by a focus on ensuring its customers receive the best-in-class services and global solutions in the most intuitive and seamless manner.

To holistically deliver Mashreq Private Banking proposition to high net-worth Individuals, it has channelled its efforts on leveraging digital platforms and offered clients access to a wide range of solutions. Amongst the suite of solutions provided to the bank’s clients include bespoke investment portfolios, insurance products, wealth structuring, legacy planning, deposit products and accounts for day-to-day transactions, apart from value added services through trusted Partners and assistance in UAE Golden Visa.

Moreover, Mashreq Private Banking also offers tailored financing solutions that include secured lending, financing against securities & instruments, lombard lending for investment solutions, real estate financing including mortgages against UAE properties, equity release & lease rental discounting.  

Bank’s investment solutions cater to the most sophisticated client needs with an open architecture platform that gives access to bonds, sukuks, initial public offerings, local and international fund solutions, alternative investment products, fixed maturity product, global discretionary portfolios amongst others.

Mashreq uses a special operating model to provide these services to its clients. It helps them successfully manage and grow their wealth effectively by giving them a 'team-based' approach that includes its own in-house experts. These are certified relationship managers, skilled investment and insurance specialists, FX specialists and client service managers. The bank's goal is to offer an outstanding experience for the whole client journey.

“As a bank, we have always believed that technology, if harnessed optimally, can create significant value for all stakeholders in the ecosystem,” said Vipul Kapur, Head of Private Banking at Mashreq.

Recognised by the ABF Retail Banking Awards, Mashreq Private Banking business has been honoured as the Private Bank of the Year - UAE for its dedication to innovative solutions and services. This accolade highlights its exceptional growth story, best-in-class service model, and innovative solutions that continue to redefine industry standards.

The prestigious awards programme honours outstanding entities that are reshaping the retail banking landscape through innovative solutions, products, digital innovation breakthroughs, and exceptional customer experiences.

The ABF Retail Banking Awards is presented by Asian Banking & Finance Magazine. To view the full list of winners, click here. If you want to join the 2025 awards programme and be recognised for your company's cutting-edge products, services, and solutions that made a positive impact on your customers, please contact Julie Anne Nuñez at [email protected].