Mashreq reports 39% increase in operating profits, Net Profit of AED 3.7blnand 11% growth in advances for the year 2022
Dubai, UAE; 30th January 2023: Mashreq, one of the leading financial institutions in MENA, today has reported its financial results for the year ending 31st December 2022.
Rise Every Day: Mashreq redefines its role with historic new identity and customer proposition
Mashreq shifts strategic purpose with the adoption of ‘Rise Every Day’ brand identity
Rise Every Day is an invitation to everyone, everywhere, to embrace the spirit of grit they need to unlock the glory, and reach their unique vision of success
New strategic focus underpinned by Mashreq’s immersive participation in the digital economy and innovation ecosystem
Digitalisation can help close $1tn supply chain finance gap
Buyers and suppliers stand to benefit from the greater transparency and coordination enabled by the digitalisation of supply chain finance platforms, says Mashreq Bank
Global study indicates $1tn gap between available supply chain finance and funds in use
Digitalisation of supply chain finance can help unlock opportunities for both buyers and suppliers
It enhances visibility and transparency for all those involved, building greater trust in the process
Key drivers of such solutions include lenders (banks), fintech providers and buyers (corporates)
Digital supply chain finance solutions are expected to constantly evolve in keeping with market requirements
Mashreq teams up with leading sporting entities in the MENA region to serve up increased accessibility
Collaboration announced with JustPadel in the UAE & the GCC region and SR Padel in Egypt
Mashreq customers set to receive exclusive benefits
Dubai, UAE, 06 September 2022: Mashreq, one of the leading financial institutions in the UAE, has partnered with one of the largest padel tennis court operators in the MENA region – JustPadel & SR Padel
Dubai, UAE, 23August 2022: Mashreq, one of the leading financial institutions in the UAE, has appointed MunaAl Ghurair, as its new Group Head of Marketing &Corporate Communications. She brings over 20 years of experience in communications, marketing, sales and business development with an outstanding track record with leading payments and financial institutions in the region.