MBANK KYRGYZSTAN, owned by businessman Omurbek Babanov, has taken a significant step towards expanding its international banking services by establishing direct correspondent accounts in United Arab Emirates dirhams with Abu Dhabi Islamic Bank and Mashreq Bank. This development follows a thorough verification process, underscoring the bank's reliability and credibility on the global stage. Bektur Aliyev, Chairman of the Board of MBANK KYRGYZSTAN, highlighted the benefits of this new partnership, noting it will allow clients to broaden their payment options and enjoy improved currency conversion services.
The bank has detailed how clients can access these new services. Individual customers can perform SWIFT transfers via the MBANK mobile application by selecting the 'Payments' option, then 'Transfers', and entering the necessary details such as amount and currency. For corporate clients, the Mbusiness application offers the functionality to open dirham accounts and conduct interbank currency transfers by filling in the required transaction fields. This initiative is part of MBANK KYRGYZSTAN's broader strategy to enhance its global financial network and offer more client-focused banking solutions. By partnering with leading UAE financial institutions, the bank is positioning itself to provide more advanced and globally integrated financial services.
For more information on MBANK KYRGYZSTAN's services, visit https://www.mbank.kg.
