U Bank and IMARAT Group Collaborate for Enhanced Banking Services

U Microfinance Bank (U Bank) and the IMARAT Group of Companies have joined forces to provide customized branch and branchless banking services to the IMARAT Group, which includes Graana and Agency21. This collaboration aims to enhance financial accessibility and convenience for customers of the IMARAT Group through innovative banking solutions.

The Memorandum of Understanding (MoU) was recently signed by Mr. Mohamed Essa Al Taheri, President and CEO of U Bank, and Mr. Shafiq Akbar, Chairman of IMARAT Group. The signing ceremony was attended by senior management representatives from both organizations, highlighting the commitment of both parties to this strategic partnership.

U Bank, known for its expertise in microfinance and banking services, will leverage its experience to provide tailored banking solutions to the IMARAT Group. This alliance signifies a significant step towards promoting financial inclusion and expanding banking services to a wider audience.

The collaboration between U Bank and the IMARAT Group marks a milestone in the financial services sector, promising enhanced banking solutions for customers of Graana and Agency21. This strategic alliance is set to bring about positive changes in the way banking services are delivered, ultimately benefiting the customers and stakeholders involved.