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Mashreq Bank names new chief of retail banking group
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Executive Appointment: Mashreq names new Senior Executive Vice President and Group Head of Retail Banking Group
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Mashreq names new Senior Executive Vice President and Group Head of Retail Banking Group
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Mashreq appoints Lopez for senior role
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UAE s first independent digital banking platform launched
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Last Updated: Mar 07, 2021, 10:51 AM IST
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Synopsis
Dubai-based YAP does not have a banking licence itself but has partnered with RAK Bank which provides international bank account numbers for YAP users and secures their funds under its own banking licence.
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The first independent digital banking platform in the United Arab Emirates launched on Sunday, a neobank hoping to become a leader in the Middle East, Africa and South Asia. Dubai-based YAP does not have a banking licence itself but has partnered with RAK Bank which provides international bank account numbers for YAP users and secures their funds under its own banking licence.