Mashreq Bank Psc operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Mashreq Bank Psc with three other
companies in this sector in United Arab Emirates:
First Gulf Bank P.J.S.C.
sales of 10.80 billion Arab Emirates Dirhams [US$2.94 billion]
of which 25%
was Consumer Banking),
Dubai Islamic Bank PSJ
(6.94 billion Arab Emirates Dirhams [US$1.89 billion]
of which 46%
was Retail & Business Banking), and
Abu Dhabi Commercial Bank
(10.22 billion Arab Emirates Dirhams [US$2.78 billion]
of which 37%
was Consumer Banking).
Mashreq Bank Psc reported sales of 8.37 billion Arab Emirates Dirhams (US$2.28 billion)
December of 2015.
increase of 3.4%
versus 2014, when the company's sales were 8.10 billion Arab Emirates Dirhams.
This was the third consecutive year of growth at Mashreq Bank Psc.
Sales of International Banking saw an increase
that was more than double the company's growth rate: sales were up
22.8% in 2015, from
1.06 billion Arab Emirates Dirhams to 1.30 billion Arab Emirates Dirhams.
Mashreq Bank Psc also saw significant increases in sales in
Retail (up 13.0% to 1.84 billion Arab Emirates Dirhams)
Not all segments of Mashreq Bank Psc experienced an increase in sales in 2015:
sales of Insurance fell 20.3% to 393.15 million Arab Emirates Dirhams.
Mashreq Bank Psc also experienced decreases in sales in
Corporate (down 7.4% to 1.32 billion Arab Emirates Dirhams)
Treasury Investment (down 7.8% to 552.65 million Arab Emirates Dirhams)
Islamic Banking (down 1.0% to 307.57 million Arab Emirates Dirhams)
Head Office (down 20.1% to 261.87 million Arab Emirates Dirhams)