Regulation, Risk & Compliance
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Mashreq signs agreement with DIFC to provide Escrow account services to owners' associations
Mashreq, had announced that it has signed an agreement with Dubai International Financial Centre, which will enable the bank to open Escrow accounts for owners’ associations in DIFC’s jurisdiction. Under DIFC regulations, Mashreq Bank is also registered to provide services to owners’ association companies. The agreement was signed by Zain…
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Source: Mashreq