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, such as global financial institution and international corporate services, as well as a suite of corporate banking products, including 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, and Mashreq Millionaire deposits; personal, mortgage, and business loans; credit with loyalty programs and debit cards, bank assurance, overdraft, priority banking, SME and private banking, wealth management, and Islamic products to individuals and small businesses, as well as investment products.

The Treasury & Capital Markets segment is involved in customer flow and proprietary business; funding center management comprising 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 & Others segment offers life, health, motor, marine cargo and hull, aviation, fire and general accident, engineering, liability, and personal lines insurance.

The company also provides reinsurance, IT, asset and fund management, special purpose vehicle, payment, trading, and corporate venture capital services.

The company operates through its branches in the United Arab Emirates, Bahrain, Kuwait, Egypt, Hong Kong, India, Pakistan, Qatar, the United Kingdom, and the United States.

Mashreqbank PSC was incorporated in 1967 and is headquartered in Dubai, the United Arab Emirates.

Mashreqbank PSC

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	971 4 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