Mashreq's 1Q 2024 Net Profit Climbs 25% Year-on-Year to AED 2 Billion (AED 2.3 billion up 36% pre-tax), Fueled by Strong Business Growth and Solid Margins. H.E. Abdul Aziz Al Ghurair, Chairman of Mashreq: "Mashreq, has demonstrated remarkable strength and adaptability amid global challenges, maintaining solid asset growth, financing, and capital adequacy ratios. These indicators reflect the sector’s flexibility and resilience to adapt to the changes the world is witnessing.” Ahmed Abdelaal, Group Chief Executive Officer: "Our Q1 2024 financial results have provided a robust start to the year, showcasing a significant 25% increase in net profit to AED 2.0 billion, despite the new Corporate Income Tax of 9% in the UAE. On pre-tax basis our Net Profit stood at AED 2.3 billion representing an increase of 36% like for like. This remarkable growth is fueled by substantial income expansion and reduced risk costs, highlighting our unyielding commitment to operational resilience and efficiency.” Read the full report: http://ms.spr.ly/6049YJymN #Mashreq #Q1FinancialResults2024 #FinancialMilestone #BankingExcellence #Innovation #SuccessStory
Mashreq
الأعمال المصرفية
Dubai، UAE ١٬٢٨٣٬٧٧٠ متابع
We are Mashreq - Inspiring you to Rise Every Day
نبذة عنا
Disclaimer: Mashreq will never ask for your bank related information via phone call, SMS or email. We will also never contact you from a mobile number to resolve your query. Welcome to the LinkedIn page of Mashreq. More than half a century old, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, we pioneer key innovations and developments in banking and financial services. Our mandate? To help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success. Join Mashreq and find your way to Rise Every Day.
- الموقع الإلكتروني
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http://www.mashreq.com/rise
رابط خارجي لـ Mashreq
- المجال المهني
- الأعمال المصرفية
- حجم الشركة
- ١٠٠١ - ٥٠٠٠ موظف
- المقر الرئيسي
- Dubai, UAE
- النوع
- شركة عامة
- تم التأسيس
- 1967
- التخصصات
- Retail Banking، Corporate Banking، SME Banking، Islamic Banking، Treasury and Capital Markets، Digital Banking، Financial Institutions، Global Trade Banking، Wholesale Banking، و International Banking
المواقع الجغرافية
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رئيسي
Mashreq Bank PSC, Umniyati Street (off Al Asayel Street Burj Khalifa Community
Dubai، UAE، AE
موظفين في Mashreq
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George Yaryura
Chief Marketing and Product Officer - FinTech, Banking, PropTech. ESG, Digital Transformation and Growth.
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Radu Topliceanu
Executive Vice President, Head of Neo and Personal Banking | Building the Best Digital Banking in the Middle East
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Aziz Ata
Global Head of FI & NBFI
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Rahul Gupta
التحديثات
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Introducing Mashreq Vantage. An elevated rewards program with personalised benefits and instant redemptions. Get the advantage of personalised reward benefits, simply by using any of the eligible Mashreq Credit Cards or other banking solutions. Enjoy instant redemption options via Mashreq Mobile App for air miles, e-commerce Gift Cards, cashback on credit cards, as well as redemption at over 1,000 merchant partners in the UAE for shopping, entertainment, & more. To know more visit mashreq.com/vantage. T&C. Mashreqbank PSC is regulated by the Central Bank of the United Arab Emirates. #Mashreq #MashreqRewards #MashreqVantage
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Offer your customers an automated payment solution, reduce your transaction costs of manual payments, and improve your receivable's reconciliation. Mashreq’s Direct Debit Solution enables businesses to collect payments directly from their customers' bank accounts through a digital, safe and automated process. Discover more at http://ms.spr.ly/6040YUEpM #DirectDebit #CashFlowManagement #Mashreq #CashManagement
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Secure your travels this festive season with Travel Insurance with Mashreq's assurance. Travel with peace of mind, knowing you're protected against unforeseen events. Get yours today: http://ms.spr.ly/6047Yaci5 #Mashreq #RiseEveryDay #TravelInsurance #Rise_Every_Day
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Elevate your Bandeja game with expert tips! 🎾🎯 Don't miss out on these crucial pointers for mastering one of padel's toughest shots. Let's refine your technique and dominate the court! طوّر تسديدة الـ Bandeja لديك باتباع نصائح الخبراء! 🎾🎯 لا تفوت عليك هذه الإرشادات الهامة لإتقان واحدة من أصعب التسديدات في لعبة البادل. دعونا نرتقي بتقنياتنا ونفرض سيطرتنا الكاملة على الملعب! #Mashreq #Padel #PadelMania #RiseEveryDay #Community #Inclusivity #PadelHacks
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Established in 1977, Mashreq Egypt is a leading financial institution with a strong international footprint, dedicated to delivering a diverse array of corporate solutions designed specifically for the Egyptian market. Our commitment to seizing growth opportunities is fueled by innovation and a customer-focused approach. With unparalleled industry expertise, an extensive network, customized solutions, and advanced digital capabilities, Mashreq Egypt stands out as a preferred financial partner. Learn more about Mashreq Egypt: http://ms.spr.ly/6048Yv51s #Mashreq #MashreqEgypt #RiseEveryDay #InternationalBankingGroup
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Our Climb2Change team tackled Mount Annapurna's extreme conditions to clean harmful waste threatening nature and wildlife. Each waste piece collected helps preserve ecosystems, impacting thousands of locals. Climate change affects everyone, but small actions from each of us can make a difference. Join us and start your own #Climb2Change. Learn more about our global initiative through: http://ms.spr.ly/6041YvcU7 #RiseEveryDay #Rise_Every_Day #Mashreq #Sustainability #EnvironmentalPreservation #Earth
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Introducing Mashreq Vantage: An elevated rewards program with personalised benefits and instant redemptions. Get the advantage of personalised reward benefits simply by using any of the eligible Mashreq Credit Cards or other banking solutions. Enjoy instant redemption options via Mashreq Mobile App for air miles, e-commerce Gift Cards, cashback on credit cards, as well as redemption at over 1,000 merchant partners in the UAE for shopping, entertainment, & more. To know more visit mashreq.com/vantage. T&Cs Apply. Mashreqbank PSC is regulated by the Central Bank of the United Arab Emirates. #Mashreq #MashreqVantage
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Cricket fans! Elevate your game with Mashreq NEO Score a Century! Transact more with your Debit Card or International Money Transfer and earn entries to predict the winner. Correct guesses score runs & stand a chance to win up to AED 100,000! Enroll on Mashreq Mobile App to get in the game. Visit the link mashreq.com/cricket for details. T&Cs Apply لكل عشاق الكريكيت! العب مع المشرق نيو وسجّل 100 نقطة! قم بإجراء المزيد من المعاملات باستخدام بطاقة الخصم الخاصة بك أو عند تحويل الأموال دولياً واحصل على فرص الاشتراك لتتوقع الفائزين. ستؤهلك التوقعات الصحيحة لجمع النقاط والحصول على فرصة لربح ما يصل إلى 100,000 درهم. سجّل الآن عبر تطبيق المشرق موبايل للاستمتاع باللعب. قم بزيارة الرابط للمزيد من التفاصيل. تطبق الشروط والأحكام. #Mashreq #MashreqNEO
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Jayanthi Gopal, Head of People and Intellectual Capital at Mashreq Global Network India, recently shared her thoughts on the significance of returnship programs for women. Returning to work after a career break can be a daunting prospect, especially with the personal, professional, and societal challenges that women often face. However, there's hope on the horizon through initiatives like returnship programs. These programs not only help women regain confidence but also address gender diversity gaps and combat biases in the workplace. At Mashreq, we are proud to be running initiatives like 'Reignite' that are aimed at supporting female professionals on their journey back into the workforce. We're committed to creating a level playing field for all, and fostering environments where each individual has an equal chance to thrive. Read the full article published by Hindustan Times: http://ms.spr.ly/6040YtImK #Mashreq #EmpowerWomen #InspireInclusion #CareerComeback