Dubai – Mubasher: Ajman Free Zone (AFZA) has signed a memorandum of understanding (MoU) with Mashreq Bank to provide banking services to investors in AFZA, according to a statement released on Wednesday.
Under the MoU, Mashreq Bank will be the preferred banking partner for companies that desire to establish branches in the region, the statement added.
The companies will also benefit from a variety of banking services and facilities which will help enhance their businesses.
Moreover, the protocol with Mashreq Bank will facilitate and speed up procedures required to open new accounts for AFZA’s companies.
