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Mashreq – Company
Founded in 1967, Mashreq (Arabic: بنك المشرق) is one of the oldest and most respected banking institutions in the United Arab Emirates, and the second-oldest bank in the Middle East. Headquartered in Dubai, Mashreq has played a pivotal role in supporting the UAE’s economic growth for nearly six decades and remains a trusted financial partner across the markets it serves. What began as the Bank of Oman has evolved into a future-focused financial institution known for combining heritage, innovation, and agility. Throughout its history, Mashreq has consistently demonstrated a challenger mindset—embracing change, pioneering new technologies, and redefining banking experiences while maintaining strong foundations of trust and stability.
Legacy of Innovation and Leadership
Over its nearly 60-year journey, Mashreq has emerged as an industry leader in banking and technological innovation, earning widespread recognition for introducing several first-of-their-kind solutions in the region. Despite its long-standing presence, the bank continues to operate with the spirit of a startup—curious, bold, and relentlessly innovative. Today, Mashreq is widely recognized as an award-winning digital banking leader, offering a broad portfolio of digital and neo-banking products that deliver exceptional customer experiences. Guided by its mission to shape the future of finance, Mashreq continues to set new benchmarks for innovation, efficiency, and service excellence.
Customer-Driven Innovation
At the heart of Mashreq’s strategy is a clear purpose: helping customers “Rise Every Day.” The bank places customers at the center of everything it does, delivering best-in-class experiences through intuitive digital platforms, personalized financial solutions, and responsive service models. Mashreq’s culture is shaped by core values that emphasize: Putting customers first, Driving innovation, Creating value for communities . Empowering employees to perform at their best This customer-centric approach is powered by a diverse and talented workforce that brings creativity, expertise, and dedication to work every day.
Products and Services
Mashreq offers a comprehensive suite of conventional and Islamic banking solutions, serving individuals, businesses, and institutions. Key Offerings Include: Personal Banking: Deposits, loans, credit cards, and everyday banking solutions .Corporate & Investment Banking: Corporate finance, mergers and acquisitions advisory, IPOs, underwriting, and structured finance , Wealth & Asset Management: Tailored solutions for high-net-worth individuals and institutional clients , Treasury & Capital Markets: Foreign exchange, risk management, and capital market services ,Digital & Neo Banking Platforms: Mashreq NEO,NEO NXT ,NEO BIZ (Business Banking),NEO CORP ,Digital IPO platforms , Blockchain solutions in partnership with DIFC , Titan Platform, a comprehensive digital corporate banking ecosystem ,These platforms reflect Mashreq’s leadership in delivering seamless, secure, and fully digital banking experiences.
Global Presence
While proudly headquartered in the Middle East, Mashreq operates across 14 countries, serving customers in major global financial centers. The bank employs over 6,000 professionals from more than 70 nationalities, reflecting its diverse and inclusive culture.
Mashreq maintains:Corporate banking operations in Oman, Bahrain, Qatar, Kuwait, and India
Corporate and retail banking services in Egypt
Digital retail banking pilots in Pakistan
Foreign exchange operations in Bangladesh, Pakistan, and Nepal
Full-service branches in New York, London, and Hong Kong
This international footprint enables Mashreq to support cross-border trade, investment, and financial connectivity worldwide.
Recognition and Awards
Mashreq’s commitment to excellence has been consistently recognized by leading global institutions. In 2024, the bank received multiple prestigious accolades, including: Fastest-Growing Banking Brand in the Middle East – Brand Finance Banking 500 ,Middle East’s Best Digital Bank (fifth consecutive year) – Euromoney Awards for Excellence ,Best Performing Bank in the UAE (second consecutive year) – The Banker’s Top 1000 Global Banks. Banking Group Brand of the Year – MENA – Global Banking & Finance Awards
Financial Performance
For the financial year 2024, Mashreq reported a net profit before tax of AED 9.9 billion, reflecting strong operational performance, disciplined risk management, and continued growth across its core business segments. Mashreq remains firmly committed to redefining the future of banking through innovation, trust, and excellence. By blending a rich legacy with cutting-edge technology and a customer-first philosophy, Mashreq continues to empower individuals, businesses, and communities—driving sustainable growth across every market it serves.
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