The oldest local bank in the United Arab Emirates, Mashreq Bank has provided banking and financial services to millions of customers and businesses since 1967. It was established in Dubai as the Bank of Oman, prior to formation of the UAE, under a decree of the Ruler of Dubai – Shaikh Rashid Bin Saeed Al Maktoum. In 1993, the bank changed its name to Mashreq Bank and is now one of the UAE’s leading financial institutions. It has a strong retail and corporate banking presence throughout the Persian Gulf, with branches in Egypt, Qatar, Kuwait and Bahrain. The Mashreq branch network extends across the UAE, with 50 percent of households banking with the company. It also has customer service centers in key retail locations and one of the largest ATM networks in the country. In addition the bank has overseas offices in 11 countries across Europe, North America, Asia and Africa. The first branch of the Bank of Oman – as it was known back then – opened in Deira in 1967, which was swiftly…