Annual Report 2008 of Mashreq Bank

It is a broadly described annual report of Mashreq Bank in the year of 2008. During the financial year, Total Assets of the Bank rose by 6.4% as compared to 2007 and reached AED 93 Billion. Deposits of the Bank AED 12,336,491 billion as against at AED 13,397,024 billion. The Bank’s Capital Adequacy ratio at 14.08% fell below last year’s 17.76%. Operating income of the Bank AED 3,983,938 million. During the year, Income before income tax of the Bank AED 1,747,614 million. Net income of the Bank for the year AED 1,732,069 million. As of 31st December 2008, 146,386,994 ordinary shares of AED 10/- each (2007: 112,605,380 ordinary shares of AED 10/- each) were issued and are fully paid up.

The Board of Directors of the Bank has recommended a cash dividend of @10% for the year ended 31st December 2008.

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