Mashreqbank PSC - Company Profile

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Mashreqbank PSC (Mashreqbank) is a provider of retail, corporate, and international banking products, and a host of related financial services. The company’s offerings consist of retail and business banking products and services that include current, savings, certificate of deposits, and fixed deposits accounts; loans for home, car, business, and personal requirements; credit and debit cards; overdraft facility; and trade, project, and contract finance. It provides private banking, Islamic banking, cash management, and acts as an insurance agent, and provides coverage for life, auto, travel, personal accident, home, and employment. The company caters to the financial needs of individuals and corporate customers. Its operations are spanned across the UAE, Kuwait, Bahrain, India, Pakistan, Egypt, Qatar, Hong Kong, the UK, and the US. Mashreqbank is headquartered in Dubai, the UAE.

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Headquarters United Arab Emirates

Address P.O. Box 1250, Dubai


Telephone 971 4 2223333

No of Employees 1,913

Industry Financial Services

Ticker Symbol & Exchange MASQ (DFM)

Revenue (2022) $5.2B 56.2% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 130.3% (2022 vs 2021)

Market Cap* $9.4B

Net Profit Margin (2022) XYZ 47.4% (2022 vs 2021)

* As of and is in US$
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Mashreqbank PSC premium industry data and analytics

3

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Mashreqbank PSC (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Mashreqbank PSC’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Accounts and Deposits: Investment Banking
Current Corporate Advisory
Savings Wealth Management
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In November, the bank entered into collaboration with Galadari Brothers Co. LLC to support green retrofits and energy efficiency technologies in Sri Lanka.
2023 Contracts/Agreements In September, NEOPAY and Visa entered into a partnership to introduce an installment payment solution to the UAE.
2023 Contracts/Agreements In March, the company partnered with ne'ma - Arabic for blessing to galvanise support around reducing food waste.
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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 - - Abu Dhabi - -
No. of Employees 1,913 6,922 6,900 1,366 1,920
Entity Type Public Public Public Public Public
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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 - -
Rania Nerhal Chief Client Experience and Conduct Officer - Client Experience and Conduct Group Senior Management 2020 -
Hamda Al Shamali Chief People And Intellectual Capital Officer Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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