Annual Report 2005 of Mashreq Bank

It is a broadly described annual report of Mashreq Bank in the year of 2005. During the financial year, Total Assets of the Bank jumped by 43% to reach AED 45.7 Billion. Customer Deposits increased by AED 8.9 Billion reaching a total of AED 30 Billion outpacing the growth of Advances which grew by AED 4.6 Billion to AED 22.3 Billion. Shareholder’s equity at AED 7.3 Billion is 16% of Total Assets and The Bank’s Capital to Risk Assets ratio reached 19.67% compared to 17.85% last year. During the year, The Bank’s income before tax AED 2,018,650 billion. The Bank’s Net income for the year AED 2,012,072 billion. Earnings per share (EPS) of the Bank AED 20.08. As of 31st December 2005, 86,619,520 ordinary shares of AED 10/- each (2004: 78,745,018 ordinary shares of AED 10/- each) were issued and are fully paid up.

The Board of Directors of the Bank has recommended distribution of cash dividend @20% i.e., AED 2 per share for the year ended 2005.

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