Strategic alliance expands Mbank’s deposit network to over 700 locations across the UAE, offering greater financial accessibility and convenience.
Abu Dhabi, UAE – Al Maryah Community Bank (Mbank), the UAE’s pioneering digital bank, has announced a new strategic partnership with Al Fardan Exchange, one of the country’s most trusted financial institutions, to broaden its cash deposit services across the nation.
Through this collaboration, Mbank customers can now deposit cash at any of the 90+ Al Fardan Exchange branches located throughout the UAE—bringing essential banking services closer to communities and enhancing financial inclusion.
Boosting Accessibility Through Trusted Partnerships
The partnership reflects Mbank’s ongoing commitment to customer-centric innovation by combining digital banking capabilities with the expansive reach of physical branch networks. With the UAE’s increasing demand for seamless and secure financial services, this move ensures customers can conveniently deposit funds into their Mbank accounts, regardless of their location.
Hasan Fardan Al Fardan, CEO of Al Fardan Exchange, emphasized the impact of the initiative:
“At Al Fardan Exchange, we’ve always prioritized trust and accessibility. Our partnership with Al Maryah Community Bank is a step forward in simplifying people’s financial lives. By blending our decades of experience with Mbank’s digital innovation, we’re empowering individuals across the UAE to manage their finances with greater ease and security.”
Expanding the UAE’s Largest Cash Deposit Network
The alliance with Al Fardan Exchange builds upon Mbank’s robust partner ecosystem, which already includes First Abu Dhabi Bank ATMs, Al Ansari Exchange, Redha Al Ansari Exchange, LuLu Exchange, and Lari Exchange. With Al Fardan now onboard, Mbank’s customers have access to a network of over 700 deposit locations—the largest of its kind among UAE banks.
Mohammed Wassim Khayata, CEO of Al Maryah Community Bank, highlighted the broader mission behind the expansion:
“We are proud to welcome Al Fardan Exchange to our growing network. This collaboration reinforces our dedication to making banking simple, flexible, and inclusive. Whether it’s individuals seeking more control over their finances or small businesses needing quick access to deposits, we’re creating real value for communities throughout the UAE.”
Supporting Communities and Financial Inclusion
Beyond operational convenience, the partnership aligns with national goals to support small businesses, enhance financial literacy, and promote digital transformation in the banking sector. By offering widespread access to deposit services through trusted physical outlets, Mbank and Al Fardan Exchange are helping to bridge the gap between digital banking and everyday financial needs.
This latest initiative reaffirms Mbank’s role as a leader in financial innovation and accessibility in the UAE, and showcases how strategic partnerships can deliver meaningful, community-driven impact across the country.
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