Mashreq Bank, Commerzbank sign partnership deal

Dubai

Mashreq Bank announced on Monday a partnership with Germany-based Commerzbank to enable clients to utilise Mashreq’s products and services in the UAE and their Middle East network.

As part of the deal, Mashreq will establish a German desk at their head office in Dubai to service Commerzbank’s German and European multinational and corporate clients.

Mashreq said the partnership will allow it to promote its banking services further, and supports the bank’s plans of being the international strategic partner from European corporates.