Annual Report 2001 of Mashreq Bank

It is a broadly described annual report of Mashreq Bank in the year of 2001. During the financial year, Total Assets of the Bank stood at AED 22,700 million. Equity to Total Assets ratio moved up to 12.4%, and Risk Weighted Assets marginally increased to reach AED 15,750 million. The Net Interest Income improved by 4% to AED 634.5 million. Fee and Other Income rose by 10.7% and Gross Revenue by 6.7% to AED 1,139.8 million. Income before taxes and minority interest of the Bank AED 437,841 million. The Bank’s Net income for the year AED 405,742 million. The Earnings per share jumped from AED 48.9 to AED 56.6. The authorized share capital of the bank is AED 1,500 million divided into 15,000,000 ordinary shares of AED 100 each. As of 31st December 2001, 7,158,638 ordinary shares of AED 100 each (2000: 7,158,638 ordinary shares of AED 100 each) were issued and fully paid.

The Board of Directors of the Bank has recommended a cash dividend of @30%. This dividend payout will allow retention of profit of AED 191 million.

More Annual Report of Mashreq Bank:

  1. Annual Report 2001 of Mashreq Bank
  2. Annual Report 2002 of Mashreq Bank
  3. Annual Report 2003 of Mashreq Bank
  4. Annual Report 2004 of Mashreq Bank
  5. Annual Report 2005 of Mashreq Bank
  6. Annual Report 2006 of Mashreq Bank
  7. Annual Report 2007 of Mashreq Bank
  8. Annual Report 2008 of Mashreq Bank
  9. Annual Report 2009 of Mashreq Bank
  10. Annual Report 2010 of Mashreq Bank
  11. Annual Report 2011 of Mashreq Bank
  12. Annual Report 2012 of Mashreq Bank
  13. Annual Report 2013 of Mashreq Bank
  14. Annual Report 2014 of Mashreq Bank
  15. Annual Report 2015 of Mashreq Bank
  16. Annual Report 2016 of Mashreq Bank
  17. Annual Report 2017 of Mashreq Bank