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:
Dubai Islamic Bank PSJ
sales of 9.84 billion Arab Emirates Dirhams [US$2.68 billion]
of which 34%
was Retail & Business Banking),
Abu Dhabi Commercial Bank
(12.65 billion Arab Emirates Dirhams [US$3.44 billion]
of which 40%
was Consumer Banking), and
Abu Dhabi Islamic Bank
(6.69 billion Arab Emirates Dirhams [US$1.82 billion]
of which 49%
was Retail Banking).
Mashreq Bank Psc reported sales of 9.04 billion Arab Emirates Dirhams (US$2.46 billion)
December of 2017.
a very small
increase of 1.3%
versus 2016, when the company's sales were 8.92 billion Arab Emirates Dirhams.
Sales at Mashreq Bank Psc have increased during each of the previous five years
(and since 2012, sales have increased a total of 33%).
Sales of Islamic Banking saw an increase
that was more than double the company's growth rate: sales were up
49.0% in 2017, from
321.48 million Arab Emirates Dirhams to 479.11 million Arab Emirates Dirhams.
Mashreq Bank Psc also saw significant increases in sales in
Corporate (up 3.1% to 1.36 billion Arab Emirates Dirhams)
Treasury Investment (up 9.3% to 616.43 million Arab Emirates Dirhams)
Not all segments of Mashreq Bank Psc experienced an increase in sales in 2017:
sales of International Banking fell 15.2% to 1.24 billion Arab Emirates Dirhams.
Mashreq Bank Psc also experienced decreases in sales in
Retail (down 9.1% to 1.53 billion Arab Emirates Dirhams)
Head Office (down 8.2% to 349.96 million Arab Emirates Dirhams)