Mashreqbank PSC (DFM: MASQ)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
216.00
-2.00 (-0.92%)
At close: Dec 19, 2024

Mashreqbank PSC Company Description

Mashreqbank PSC provides various banking and financial services to individuals and small businesses.

The company’s wholesale segment offers corporate and commercial banking services, such as trade finance, contracting finance, project finance, investment banking, cash management, correspondent banking, and Islamic products.

Its Retail segment provides current accounts, savings accounts, fixed deposits, investment products, and Mashreq Millionaire deposits; personal, auto, mortgage, and business loans; credit and debit cards; and bank assurance, overdrafts, priority banking, SME, private banking, Islamic products, and wealth management services.

The company’s Treasury & Capital Markets segment is involved in the provision of transaction services for foreign exchange, derivatives, margin FX, futures, hedging, investment products, domestic equities, and asset management; and proprietary trading and investing activities.

Its Insurance and Other segments offer life, health, motor, marine cargo and hull, aviation, fire and general accident, engineering, liability, and personal lines insurance services.

It also provides insurance and reinsurance, brokerage, employment, trading, special purpose vehicle, payment, asset and fund management, finance, and IT services.

It operates its branches in the United Arab Emirates, Bahrain, Kuwait, Egypt, Hong Kong, India, Qatar, Pakistan, 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 Commercial Banks
Employees 90
CEO Ahmed Abdelaal

Contact Details

Address:
PO Box 1250
Dubai
United Arab Emirates
Phone 971 2223333
Website mashreq.com

Stock Details

Ticker Symbol MASQ
Exchange Dubai Financial Market
Fiscal Year January - December
Reporting Currency AED
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