Mashreqbank PSC - Company Profile
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Mashreqbank PSC (Mashreqbank) is a financial institution. The bank engages in retail banking, commercial banking, investment banking, Islamic banking, brokerage, and asset management activities. Its major products and services include corporate banking products like trade finance, project finance, and cash management, as well as retail offerings such as current accounts, savings accounts, personal loans, and credit cards. The bank’s products and services cater to individuals, small businesses, and corporate clients across various industries. It operates through a global network of branches and representative offices, serving markets in the UAE, Oman, Bahrain, Kuwait, Egypt, Hong Kong, India, Pakistan, Qatar, the UK, and the US. Mashreqbank is headquartered in Dubai, the UAE.
Headquarters
United Arab Emirates
Address
P.O. Box 1250, Dubai
Website
www.mashreq.com/en/uae/neo
Telephone
971 4 2223333
No of Employees
2,460
Industry
Financial Services
Ticker Symbol & Exchange
MASQ (DFM)
Revenue (2024)
$6.6B
0.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-23.3%
(2024 vs 2023)
Market Cap*
$14.0B
Net Profit Margin (2024)
XYZ
-23.9%
(2024 vs 2023)
* As of and is in US$
Mashreqbank PSC premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts and Deposits: | Investment Banking | Mashreqbank |
| Current | Corporate Advisory | NEO |
| Savings | Wealth Management | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In May, the bank launched Money Insights in its Mashreq NEO app, enabling customers to track spending and subscriptions using intelligent nudges. |
| 2026 | New Products/Services | In May, the bank introduced a one-day SME business account opening guarantee via NEO BIZ, offering AED1,000 cashback if delayed. |
| 2026 | New Products/Services | In March, the bank launched the BITMAC multi-asset retail fund, offering diversified exposure to equities, bonds, gold, and Bitcoin. |
Competitor Comparison
| Key Parameters | Mashreqbank PSC | Emirates NBD Bank PJSC | First Abu Dhabi Bank | Abu Dhabi Commercial Bank | Dubai Islamic Bank P.J.S.C. |
|---|---|---|---|---|---|
| Headquarters | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates |
| City | Dubai | Dubai | Abu Dhabi | Abu Dhabi | Dubai |
| State/Province | Dubai | Dubai | Abu Dhabi | Abu Dhabi | - |
| No. of Employees | 2,460 | 6,922 | 6,900 | 1,366 | 10,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Roy Philip Sebastian | Group Chief Credit Officer | Senior Management | - | - |
| Hamda Al Shamali | Chief People and Intellectual Capital Officer | Senior Management | 2022 | - |
| Rania Nerhal | Chief Client Experience and Conduct Officer - Client Experience and Conduct Group | Senior Management | 2020 | - |
| Anuratna Chadha | Group Chief Risk Officer | Senior Management | 2023 | - |
| Ahmed Abdelaal | Group Chief Executive Officer | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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