Annual Report 2014 of Mashreq Bank

It is a broadly described annual report of Mashreq Bank in the year of 2014. During the financial year, Total Assets of the Bank cross AED 100 Billion for the first time in its history. Loans and Advances grew by 15.1% in the year; from AED 50.4 Billion in 2013 to AED 58.0 Billion in 2014 and Customer Deposits grew at an even faster rate of 16.9% to reach AED 68.5 billion. Total operating income of AED 5.8 billion for 2014 was an increase of 20.8% against last year operating income of AED 4.8 billion. Total Income ratio declined marginally from 51.5% in 2012 to 49.5% in 2013. The bank to post a Net Profit of AED 2.4 Billion in 2014, an outstanding growth of 33.0% over the AED 1.8 Billion achieved in 2013.

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 @28% of the profit for 2014.

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