Mashreqbank PSC

Dubai Stock Exchange MASQ.AE

Mashreqbank PSC Capital Expenditure for the year ending December 31, 2023: USD -91.89 M

Mashreqbank PSC Capital Expenditure is USD -91.89 M for the year ending December 31, 2023, a -22.31% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).
  • Mashreqbank PSC Capital Expenditure for the year ending December 31, 2022 was USD -75.13 M, a -30.67% change year over year.
  • Mashreqbank PSC Capital Expenditure for the year ending December 31, 2021 was USD -57.50 M, a 55.37% change year over year.
  • Mashreqbank PSC Capital Expenditure for the year ending December 31, 2020 was USD -128.83 M, a -4.29% change year over year.
  • Mashreqbank PSC Capital Expenditure for the year ending December 31, 2019 was USD -123.53 M, a -45.42% change year over year.
Key data
Date Capital Expenditure Free Cash Flow Depreciation And Amortization Deferred Income Tax
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SV Wall Street
Dubai Stock Exchange: MASQ.AE

Mashreqbank PSC

CEO Mr. Ahmed Mohamed Abdelaal
IPO Date Nov. 28, 2010
Location United Arab Emirates
Headquarters PO Box 1250
Employees 1,913
Sector Finance
Industries
Description

Mashreqbank PSC provides various banking and financial services to individuals and small businesses. The company's wholesale segment offers corporate and commercial banking services, such as trade finance, contracting finance, project finance, investment banking, cash management, correspondent banking, and Islamic products. Its Retail segment provides current accounts, savings accounts, fixed deposits, investment products, and Mashreq Millionaire deposits; personal, auto, mortgage, and business loans; credit and debit cards; and bank assurance, overdrafts, priority banking, SME, private banking, Islamic products, and wealth management services. The company's Treasury & Capital Markets segment is involved in the provision of transaction services for foreign exchange, derivatives, margin FX, futures, hedging, investment products, domestic equities, and asset management; and proprietary trading and investing activities. Its Insurance and Other segments offer life, health, motor, marine cargo and hull, aviation, fire and general accident, engineering, liability, and personal lines insurance services. It also provides insurance and reinsurance, brokerage, employment, trading, special purpose vehicle, payment, asset and fund management, finance, and IT services. It operates its branches in the United Arab Emirates, Bahrain, Kuwait, Egypt, Hong Kong, India, Qatar, Pakistan, the United Kingdom, and the United States. Mashreqbank PSC was incorporated in 1967 and is headquartered in Dubai, the United Arab Emirates.

StockViz Staff

January 30, 2025

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