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Al Maryah Community Bank wins the Digital Bank of the Year E-business Award for 2023

The award recognized the bank's impact in revolutionizing the banking industry



Representatives from Al Maryah Community Bank at the E-Business Award 2023 by Entrepreneur Middle East
Image Credit: Supplied

Al Maryah Community Bank, the leading digital bank in the UAE, won the prestigious "Digital Bank of the Year" E-Business Award 2023 by Entrepreneur Middle East, recognizing the bank's leading impact in revolutionizing the banking industry in the digital business landscape and acknowledging the bank’s excellent track record in terms of user experience, security, the creativity of its solutions offered, and its exceptional customer service.

Entrepreneur Middle East, the region’s entrepreneurs and business-minded readership and flagship publication, has been hosting E-Business Award ceremonies since 2014; celebrating and empowering the most prominent and successful individuals and organizations leading e-businesses, startups, and SMEs in the region.

Al Maryah Community Bank stood out from the competition through its quest to digitize the entire banking experience by developing the Mbank UAE mobile application that has exceled in serving customers across the Emirates by providing them with a range of fully digital banking services tailored to the highest levels of quality, efficiency, and comfort – without the need to visit any branch or submit any documents physically.

With its integrated set of safe digital banking products and services, Mbank offers through its mobile application virtual cards, payments, and digital saving deposit accounts for the Nation’s youth – Generation Alpha – to encourage savings and financial planning skills for their future. Moreover, Mbank offers its customers unparalleled investment opportunities by facilitating the creation of National Investment Numbers and the subscription to IPOs on both ADX & DFM – via an entirely digital experience.

On this occasion, Mohammed Wassim Khayata, CEO of Al Maryah Community Bank, commented: “We are very proud of this achievement, an appreciation of our efforts, where we place ourselves amongst the region’s top leaders and pioneers in the digital banking services sector. We are continuously working on achieving our groundbreaking goals in efforts to maintain our title of innovation and excellence. We continue to fulfil our promise in meeting our community’s banking and investment needs through an advanced, seamless, convenient, effective, and fully digital experience; promoting the overall prosperity and growth of our economy”.

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He added: “I would like to thank Entrepreneur Middle East for nominating us, and we congratulate all the prominent e-businesses who have won in the other categories”.

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