Annual Report 2013 of Mashreq Bank

It is a broadly described annual report of Mashreq Bank in the year of 2013. During the financial year, Total Assets of the Bank stood at AED 76.4 Billion in 2012 to AED 89.7 Billion in 2013, a growth of 17.4%. Deposits and Advances at the bank led to an increase in Total Assets from AED 76.4 Billion in 2012 to AED 89.7 Billion in 2013, a growth of 17.4%. A growth of 18.4% in the Bank’s Operating Income which went up from AED 4.1 Billion in 2012 to AED 4.8 Billion in 2013. Total Income ratio declined marginally from 51.5% in 2012 to 49.5% in 2013. The bank to post a Net Profit of AED 1.806 Billion in 2013, an outstanding growth of 38% over AED 1.312 Billion achieved in 2012. As of 31st December 2013, 169,076,975 ordinary shares of AED 10/- each (31st December 2012: 169,076,975 ordinary shares of AED 10/- each) were fully issued and paid-up.

The Board of Directors of the Bank was pleased to recommend a cash dividend of @40% of paid-up capital. This cash dividend will constitute only @37% of the profit for 2013.

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