Mashreq Bank Archives - Teleco Alert

SBP Grants Pilot License for Digital Retail Bank to Mashreq Bank It is expected that digital banks will provide affordable financial services to underserved and unbanked populations.

On: February 22, 2025

Tagged: Digital Retail Bank, Mashreq Bank, Operational excellence., State Bank Pakistan

State Bank Grants Pilot License for Digital Retail Bank to Mashreq Bank MBPL is a subsidiary of Mashreq Bank PSC (UAE) Karachi ( Web News ) The State Bank has granted a pilot license for a digital retail bank to Mashreq Bank Pakistan Limited. Previously, a microfinance bank was issuedRead More →

Mashreq’s 9M 2024 Profit before Tax Rises 9% YoY to AED 6.5 Billion The Cost-Income ratio at 27.9%, highlights the bank’s strong overall performance and operational efficiency.

On: October 31, 2024

In: Banking Sector

Tagged: 9M 2024 Profit, AED 6.5 Billion, business environment, Mashreq Bank

Mashreq’s 9M 2024 Profit before Tax Rises 9% YoY to AED 6.5 Billion, reflecting strong business activity in a healthy business environment Dubai ( WEB NEWS ) Mashreq is proud to report its strong financial performance for the first nine months of 2024, showcasing the bank’s dedicated commitment to itsRead More →

Mashreq Bank Financial Results Non-interest income reached AED 3.1 billion, marking a 13% year-on-year growth.

On: February 2, 2024

In: Banking Sector

Tagged: 13% year-on-year growth., AED 3.1 billion, financial results, Mashreq Bank, Non-interest income

Mashreq Bank Financial Results Mashreq Capital has been recognized for its exceptional financial performance and commitment to innovation in the banking sector. Dubai ( Web News ) Mashreq, a leading UAE bank, has announced its financial results for the fiscal year 2023, demonstrating a strong commitment to client-centricity and operationalRead More →