New service by Neo Biz sets a new benchmark for speed, accountability, and business banking innovation

Dubai, UAE – May 19, 2026: Mashreq, a leading financial institution in the MENA region, has announced the launch of its groundbreaking One-Day Service Promise to business customers, making the bank the first in the UAE to guarantee business account opening within one day. This service will be offered through NEO BIZ, Mashreq’s digital-first business banking proposition, backed by a guarantee of AED1,000 cashback to eligible customers if the commitment is not fulfilled, subject to terms and conditions.

Fernando Morillo, Global Head of Retail Banking

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