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:
Abu Dhabi Islamic Bank
sales of 7.02 billion Arab Emirates Dirhams [US$1.91 billion]
of which 47%
was Retail Banking),
Dubai Islamic Bank PSJ
(11.44 billion Arab Emirates Dirhams [US$3.12 billion]
of which 30%
was Retail & Business Banking), and
Abu Dhabi Commercial Bank
(14.31 billion Arab Emirates Dirhams [US$3.89 billion]
of which 36%
was Consumer Banking).
Mashreq Bank Psc reported sales of 9.76 billion Arab Emirates Dirhams (US$2.66 billion)
December of 2018.
increase of 7.9%
versus 2017, when the company's sales were 9.04 billion Arab Emirates Dirhams.
Sales at Mashreq Bank Psc have increased during each of the previous five years
(and since 2013, sales have increased a total of 42%).
Sales of Islamic Banking saw an increase
11.7% in 2018, from
479.11 million Arab Emirates Dirhams to 535.19 million Arab Emirates Dirhams.
Not all segments of Mashreq Bank Psc experienced an increase in sales in 2018:
sales of Insurance fell 16.3% to 366.42 million Arab Emirates Dirhams.
(However, this segment's sales were only a very small portion of the company's overall sales).
Mashreq Bank Psc also experienced decreases in sales in
Corporate (down 0.1% to 1.36 billion Arab Emirates Dirhams)
International Banking (down 5.8% to 1.17 billion Arab Emirates Dirhams)
Treasury Investment (down 2.3% to 602.37 million Arab Emirates Dirhams)