Dear clients of Ipak Yoli Bank!

Our bank is proud to inform that it has become the first commercial bank in Uzbekistan to establish correspondent relations with the banks of the United Arab Emirates via the opening a correspondent account in UAE dirhams with “Mashreqbank”.

Mashreqbank is the oldest private bank in the UAE, founded in 1967 and it has branches in 12 countries of Asia and Africa, Europe and the United States, offering both traditional and Islamic banking services to its clients and correspondent banks. Along with that, according to the UN, the trade turnover between Uzbekistan and the UAE, which amounted to 141.9 million of USD in 2019 and 71.2 million of USD in 2020, taking into account the negative impact of the pandemic on global trade. 

The availability of a direct correspondent account with "Mashreqbank" opens up ample opportunities for direct business activities with partners from the UAE and the implementation of international transfers to recipients of funds from the UAE directly, which will significantly speed up the implementation of mutual settlements and reduce the costs of the bank's clients for their procedures.

«Mashreqbank» account number:

   -  In UAE dirxams № 019030000698

    SWIFT: BOMLAEAD