Mashreq launches Express Loan Money in 24 hours

Press release

Published August 9th, 2011 - 09:32 GMT

Al Bawaba

Mashreq, one of the UAE’s leading financial institutions, announced today the launch of ‘Express Loan’ facility for residents which would help them to avail a personal loan within 24 hours. This launch would make Mashreq the only bank in the region to offer end to end processing of a personal loan within 24 hours from application to cash and at interest rates as low as 6.99%.

Farhad Irani, Head of Retail Banking Group, Mashreq commented, “This offer is a new beginning for our retails customers, wherein we offer real value in a manner that really understands the urgency for cash and convenience.”

Background Information

Mashreq

Mashreq has provided banking and financial services to millions of customers and businesses since 1967.

We are one of UAE's leading financial institutions with a growing retail presence in the region including Egypt, Qatar, Kuwait and Bahrain. We focus on providing our customers access to a wide range of innovative products and services.