Mashreqbank PSC - Company Profile
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Mashreqbank PSC (Mashreqbank) is a financial institution. The bank's main activities include providing a wide range of banking and other financial services. Its major products and services encompass current and savings accounts, credit and debit cards, personal and home loans, digital banking, international and local money transfers, foreign exchange, and investment solutions. The bank serves a diverse customer base, offering tailored financial solutions for individuals and businesses across various sectors. Mashreqbank operates through an extensive network of branches and representative offices in the UAE, Bahrain, Kuwait, Egypt, Oman, Hong Kong, India, Pakistan, Qatar, the UK, and the US. Mashreqbank is headquartered in Dubai, the UAE.
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 |
|---|---|---|
| 2025 | Contracts/Agreements | In November, the company signed a partnership with the Dubai International Financial Centre to launch new digital processes in financial services. |
| 2025 | Corporate Changes/Expansions | In September, the bank launched Mashreq Bank Pakistan, a digital retail bank. |
| 2025 | Corporate Changes/Expansions | In June, the bank opened its representative office in Turkey. |
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 | 17,216 | 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 |
|---|---|---|---|---|
| Abdul Aziz Abdulla Al Ghurair | Chairman | Executive Board | 2019 | - |
| Ahmed Abdelaal | Chief Executive Officer | Senior Management | 2019 | - |
| Anuratna Chadha | Chief Risk Officer | Senior Management | - | - |
| Roy Philip Sebastian | Group Chief Credit Officer | Senior Management | - | - |
| Norman Tambach | Chief Financial Officer - Group | Senior Management | 2023 | - |
| 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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