Mashreq announces new corporate identity, brand evolution
DUBAI, September 21, 2022
Mashreq Bank, a leading financial institution in the UAE, has revealed a historic brand evolution with a transformation of its corporate identity and overarching strategic purpose as an enabler of inclusive financial, personal and professional development.
Rise Every Day talks directly to people all over the world who look to corporations for guidance, expertise, and a helping hand, reflecting Mashreq’s commitment to equipping people with the practical tools and life skills they need to get the most from how they live their daily lives, and how they engage with the digital economy, said the Emirati bank in a statement.
Announcing the strategic move, Mashreq said it is a landmark evolution that will see the bank adopt a challenger brand status as it seeks to achieve social and economic impact by supporting the aspirations, dreams and needs of every customer.
The logo refresh retains the flare icon from Mashreq brand heritage but simplifies, brightens and modernises its implementation, removing the blue and doubling down on the ‘sunrise orange’ colour palette that evokes the meaning of Mashreq: place of sunrise.
The use of an ‘orange thread’ and a bright, sunny tonality with authentic imagery symbolizes the bank doing what it does best – being an always-on digital partner for those seeking innovative banking solutions to take on any challenge.
Mashreq said with an invitation to everyone, everywhere to unlock their personal vision of success, Rise Every Day captures its mission to be the region’s most progressive challenger bank through a collaborative, digital-first approach to building a new banking-as-a-service (BaaS) – an approach that goes way beyond banking as it used to be and delivers the best in class experience for its customers.
The new brand identity is anchored on a three-pronged approach of ‘innovation, consistency and prudence’ towards customer experience.
This stems from the convergence of innovation towards futuristic value and to create an ecosystem that is agile enough to evolve dynamically and incessantly to support the changing needs and wants of customers every day.
On the new brand identity, Chairman Abdul Aziz Al Ghurair said: "Rise Every Day is a statement of intent that exemplifies where Mashreq has come from and where it is going in the context of today’s rapidly changing and ever more complex digital world."
"I understand from my own journey over several decades that to create a brand that truly makes a difference by giving people the tools they need to realize their dreams – each of us needs to rise every day. When we rise to the challenge, we put in the hard work, we disrupt the status quo and lay down the grit to experience the glory," he added.
Backing the messaging and design refresh with human truths, the campaign features a series of inspiring ambassadors to help ‘Rise Every Day’ echo through culture, said the statement from Mashreq.
A multi-phased digital-first content rollout will feature stories of those who took extraordinary paths to success and found a way through their grit to reach a unique form of glory in line with their values. These stories embody the spirit of determination in the tagline and inspire the public to ‘Rise Every Day’, it added.
Group CEO Ahmed Abdelaal said: "The new brand positioning comes at a very crucial moment for us as we lead the evolution of digital finance and the wider digital economy through the innovation and deployment of truly transformational platforms and solutions."
"The new identity reflects our new direction that aims at building deeper and more personalized connections with our customers and partners. The principles behind Rise Every Day come from Mashreq’s belief in building better lives and livelihoods through hard work and innovation," stated Abdelaal.
"Our core focus is to challenge the status quo, inspire our customers and build a banking-as-a-service ecosystem fit for the digital economy - a framework that encourages every customer to Rise Every Day to realize their dreams," he added.-TradeArabia News Service
