Mashreq, a prominent financial institution in the MENA region, has extended its partnership with Oracle Financial Services to support global growth initiatives. This collaboration involves replacing core banking systems with Oracle solutions to modernize operations in key international hubs and establish digital banks in Pakistan and Oman. The partnership aims to drive digital innovation, improve transaction banking, and credit management. Oracle’s integration platform, APIs, and technology will support Mashreq’s expansion plans and enhance customer experiences. This collaboration, spanning over 14 years and five countries, highlights Oracle’s commitment to helping Mashreq achieve operational excellence and redefine digital banking. The adoption of Oracle’s transaction banking platform and credit management solutions by Mashreq will provide enhanced digital experiences for customers and streamline credit management processes. Additionally, Mashreq has adopted Oracle Exadata Cloud at Customer to support its database workloads.
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