MEB operates primarily as a wholesale bank, focusing mainly on corporate clients and small and medium size enterprises to offer them specialized credit products.
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MEB offers services and products for large corporations (Corporate Banking), small and medium size enterprises (SME Banking) and multi-national and foreign entities (Multi-National Banking).
Branches and Distant Banking
MEB intends to maintain a limited number of branches with the goal of offering banking services at the premises of its clients and provide their banking needs at their own offices by sending specialized bank officers. Accordingly, electronic banking, innovations in distant-banking, physical presence at clients’ offices, and whatever other services that would relieve the clients of the necessity to visit the Bank, are prominent in MEB’s long-term plan.
On the liability side, MEB has focused on targeted depositors, cash surplus of its credit customers, capital market, and institutional funds. With specialized marketing techniques, target depositors will be identified and offered the kind of services that are unavailable elsewhere. With this approach, it is anticipated that the relationship between MEB and its customers will become a long-term arrangement.
MEB will also focus on the capital market, designing new instruments to meet the requirements of capital market participants and institutional investors.