MBANK KYRGYZSTAN opened correspondent accounts in UAE dirhams

NEW YORK, NY, March 06, 2025 /24-7PressRelease/ -- MBANK KYRGYZSTAN, owned by businessman Omurbek Babanov, announced the opening of direct correspondent accounts in dirhams of the United Arab Emirates with the country's leading banks: Abu Dhabi Islamic Bank and Mashreq Bank.
This new cooperation became possible because MBANK KYRGYZSTAN successfully verified the bank's activities and stressed its status as a reliable partner in the international arena.
"New accounts in UAE dirhams will allow our clients to expand the geography of payments and provide additional opportunities for currency conversion. We continue to follow the principle of client-centeredness and will expand the network of partner banks around the world, justifying the trust of our customers," said Bektur Aliyev, Chairman of the Board of MBANK KYRGYZSTAN.
To use the new opportunities, customers need to perform the following actions:
- Individuals: in the MBANK application, go to the "Payments" section, select the "Transfers" category, then "SWIFT-transfers," enter the amount, select currency, and specify bank details.
- Legal entities: Open an account in dirhams in the Mbusiness application, go to the "Interbank currency transfer" section, create a new payment, and fill in the required fields with the beneficiary and bank details.
Website: https://mbank.kg/en
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