They like to diversify their portfolios and SMEs offer a large and diversified base of customers. This helps in the overall risk management of the lending portfolio. In 2010, it signed a memorandum of understanding with the UAE Ministiy of Economy, committing USD 100 million towards SMEs and extended it to a further USD 100 million this year. Another UAE bank, Mashreq Bank, offers a free business account with no minimum balance, business credit and debit cards, access to its internet banking service for businesses and a dedicated relationship manager.