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, recognising the bank’s leading impact in revolutionising 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.

Mohammed Wassim Khayata of Al Maryah Community Bank will be taking to the keynote stage at Identity Week Europe 2023 to share their success journey to becoming the first bank in the UAE to gain a digital-only licence, as well as discussing seamless customer onboarding and security.

Al Maryah Community Bank stood out from the competition through its quest to digitise the entire banking experience by developing the Mbank UAE mobile application that has excelled 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”.

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”.

Al Maryah Community Bank, UAE’s first fully integrated Digital Bank offers an omnichannel experience to individual consumers and small businesses.

Al Maryah Community Bank is a specialised bank, focusing on growth and serving the UAE community; UAE Nationals, Residents, and Businesses, in line with the vision of the UAE leaders in supporting individuals and small businesses within the UAE economy and fostering a futuristic culture by employing forward-thinking concepts driven by innovation and technology.