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Mashreq and MBRE to Facilitate SME Growth
DUBAI — Small and Medium-sized Enterprises, or SMEs, that form the backbone of an economy are expected to get boost as Mashreq, one of the largest financial insitutions in the UAE, and Mohammed Bin Rashid Establishment, or MBRE, for Young Business Leaders joined hands to facilitate SMEs’ growth and development.
Customers will benefit from the combined advantage of having both MBRE resources and Mashreq SME banking end-to-end solutions. SMEs will be given the chance to leverage current opportunities made available as a result of the collaboration, in addition to access to the right guidance.
“Partnering with Mashreq is a strategic move that will further support small and medium businesses. The support of the financial factor is essential for SMEs and we are keen to get the best banking solutions to support it. This agreement is an added value that strengthens our association with Mashreq and will contribute to developing the performance of SMEs, which are a key contributor to the national economy,” Abdul Baset Al Janahi, chief executive officer of MBRE, said. Positioned as key promoters of SME initiatives, the collaboration is designed to utilise the resources and infrastructure available to help meet the business development goals of SMEs.
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