Mashreqbank PSC Company Description
Mashreqbank PSC provides various banking and financial services to individuals and corporates.
The company operates through Wholesale, Retail, Treasury & Capital Markets, and Insurance & Others segments.
The Wholesale segment offers corporate and commercial banking services comprising global financial institution and international corporate business, as well as a suite of corporate banking products, such as trade finance, contracting finance, project finance, investment banking, cash management, correspondent banking, and Islamic products.
The Retail segment provides current accounts, savings accounts, fixed deposits, investment products, Mashreq Millionaire deposits; personal loans, mortgage loans, business loans; credit with unique loyalty programs and debit cards, bank assurance, overdraft, priority banking, SME, private banking, wealth management services, and Islamic products to individuals or small businesses.
The Treasury & Capital Markets segment is involved in customer flow business and proprietary business, and funding center management, such as transactions for foreign exchange, derivatives, margin FX, futures, hedging, investment products, domestic equities brokerage, and asset management undertaken on behalf of customers; and trading and investing activities.
The Insurance & Other segment offers life, health, motor, marine cargo and hull, aviation, fire and general accident, engineering, liability, and personal lines insurance.
It also provides reinsurance, IT services, asset and fund management, special purpose vehicle, payment service provider, trading, and corporate venture capital.
The company operates its branches in the United Arab Emirates, Bahrain, Kuwait, Egypt, Hong Kong, India, Pakista, Qatar, the United Kingdom, and the United States.
Mashreqbank PSC was incorporated in 1967 and is headquartered in Dubai, the United Arab Emirates.
Country | United Arab Emirates |
Founded | 1967 |
Industry | Banks - Regional |
Sector | Financials |
Employees | 90 |
CEO | Ahmed Abdelaal |
Contact Details
Address: PO Box 1250 Dubai United Arab Emirates | |
Phone | 9714 2223333 |
Website | mashreq.com |
Stock Details
Ticker Symbol | MASQ |
Exchange | Dubai Financial Market |
Fiscal Year | January - December |
Reporting Currency | AED |
ISIN Number | AEM000101018 |
SIC Code | 6020 |
Key Executives
Name | Position |
---|---|
Ahmed Abdelaal | Chief Executive Officer |
Norman Tambach | Chief Financial Officer |
Mark Edwards | Chief Operating Officer |
Ali Zaigham Agha | Head of Investor Relations |