Stock MASQ MASHREQBANK
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Company Mashreqbank

Equities

MASQ

AEM000101018

Banks

Delayed Dubai FM
Other stock markets
 06:55:04 2024-04-15 am EDT 		5-day change 1st Jan Change
175 AED 0.00% Intraday chart for Mashreqbank 0.00% +15.13%
Mar. 27 Russia struggles to collect oil payments as China, UAE, Turkey raise bank scrutiny RE
Mar. 26 Mashreq Resumes Trading on Dubai Financial Market MT

Business Summary

Mashreqbank psc is a United Arab Emirates-based bank that provides retail banking, commercial banking, investment banking, Islamic banking, brokerage and asset management activities. The Bank is active through its business segments: the Domestic Corporate segment provides trade finance, contracting finance, project finance, investment banking, corporate advisory, cash management, wealth management, and small and medium enterprises (SME) and private banking for corporate and commercial customers in the United Arab Emirates; the Domestic Retail segment includes current account, savings accounts, fixed deposits, investment products and other services to individuals and small business; the Treasury & Capital Markets segment consists of customer flow business, among others, and the International Banking segment consists of retail and corporate business for the Bank’s overseas banking branches. The Bank's Islamic banking products include Ijara home finance and Mudarabah deposit.

Sales per Business

AED in Million2022Weight2023Weight Delta
Wholesale Banking
41.3 %
3,174 42.3 % 4,466 41.3 % +40.73%
Retail
36.6 %
2,837 37.8 % 3,953 36.6 % +39.37%
Insurance & Others
12.9 %
- - 1,391 12.9 % -
Treasury and Capital Markets
9.2 %
618 8.2 % 992 9.2 % +60.55%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
75.7 %
6,108 81.5 % 8,183 75.7 % +33.98%
Other Middle East Countries
16.6 %
921 12.3 % 1,792 16.6 % +94.49%
Organisation for Economic Co-operation and Development
6.2 %
325 4.3 % 670 6.2 % +106.18%
Other Countries
1.5 %
142 1.9 % 159 1.5 % +11.55%

Managers

Managers TitleAgeSince
Ahmed Abdelaal CEO
 Chief Executive Officer - 19-10-13
Abdul Aziz Al-Ghurair CHM
 Chairman - 76-12-31
Mark Edwards COO
 Chief Operating Officer - -
Scott Ramsay CMP
 Compliance Officer - 20-05-31
Muna Al Ghurair IRO
 Public Communications Contact - 22-07-31
Ali Zaigham Agha IRC
 Investor Relations Contact - -
Hamda Al Shamali HRO
 Human Resources Officer - 22-09-30
Rania Nerhal PRN
 Corporate Officer/Principal - 18-01-31
Tarek El Nahas PRN
 Corporate Officer/Principal - 20-01-19
Hammad Naqvi TRE
 Treasurer - 95-12-31

Members of the board

Members of the board TitleAgeSince
Abdul Aziz Al-Ghurair CHM
 Chairman - 76-12-31
Abdullah Al-Manea SHA
 Shariah Board Member 94 -
Iyad Mazhar Malas BRD
 Director/Board Member 59 20-12-31
Ali Rashed Ahmad Lootah BRD
 Director/Board Member - 95-12-31
John Iossifidis BRD
 Director/Board Member 61 20-12-31
Mohamed Al-Ulama SHA
 Shariah Board Member - -
Ahcene Lahsasna SHA
 Shariah Board Member 54 -
Saeed Saif Al-Ghurair BRD
 Director/Board Member - 20-12-31
Mohamed Karrat SHA
 Shariah Board Member - -
Abdulrahman Al Hammadi SHA
 Shariah Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 200,609,830 29,329,357 ( 14.62 %) 0 14.62 %

Shareholders

NameEquities%Valuation
SAIF AL GHURAIR INVESTMENT GROUP
39.47 %
79,180,720 39.47 % 3 773 M AED
Abdulla & Hamad Al Ghurair Investment LLC
31.10 %
62,389,674 31.10 % 2 973 M AED
Massar Investment Co. LLC
12.73 %
25,537,637 12.73 % 1 217 M AED

Company contact information

MashreqBank PSC

P. O. Box 1250

, Dubai

+971 2223333

http://www.mashreqbank.com
address Mashreqbank(MASQ)

Group companies

NameCategory and Sector
OMAN INSURANCE COMPANY
Multi-Line Insurance
Mashreq Capital (DIFC) Ltd.
Logo Mashreq Capital (DIFC) Ltd.

Mashreq Capital (DIFC) Ltd.

Financial ConglomeratesFinance

Mashreq Capital (DIFC) Ltd. provides investment and funds management services. The firm's business activities encompass credit and deal investment, asset management, collective investment funds operation, custody provision, and fund administration. It also provides banking advisory and consulting services on financial products and credit intermediation operations. The company was founded on February 7, 2006 and is headquartered in Dubai, the United Arab Emirates.

Financial Conglomerates
Mashreq Bank
Logo Mashreq Bank

Mashreq Bank

Major BanksFinance

Mashreq Bank is a leading financial institution in the UAE with a strong presence in international financial capitals. The bank has been performing well for over five decades and offers a range of banking solutions including credit cards, personal loans, investments, insurance, and more.

Major Banks
Mashreq Bank (Qatar)
MashreqBank PSC (Bahrain Branch)
Invictus Ltd. (Cayman Islands)
Logo Invictus Ltd. (Cayman Islands)

Invictus Ltd. (Cayman Islands)

Investment Banks/BrokersFinance

Part of MashreqBank PSC, Invictus Ltd. (Cayman Islands) is a private company based in George Town, Cayman Islands that provides investment banking and brokerage services.

Investment Banks/Brokers

Sector

Financials
Banking & Investment Services
Banking Services
Banks
Other Banks

Sales per Business

Sales per region

Ratings for Mashreqbank

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
175 AED
Average target price
219.4 AED
Spread / Average Target
+25.37%
Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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