Annual Report 2016 of Mashreq Bank

It is a broadly described annual report of Mashreq Bank in the year of 2016. During the financial year, Total Assets of the Bank increased by 6.6% to reach AED 122.8 billion in 2016, compared to AED 115.2 billion at the end of 2015. The Bank’s Deposits at AED 77.0 billion, increased by 4.6% as compared to December 2015, driven by 7.2% growth in conventional deposits. Total operating income crossed the AED 6 billion mark and stood at AED 6.2 billion, a Y-o-Y increase of 3.2%. During the financial year, The Bank delivered a net profit of AED 1.9 billion with resulting Earnings per share of AED 10.85.

The Board of Directors of the Bank has recommended a cash dividend of @40% of paid up capital. This cash dividend will constitute @37% of the profit for 2016.

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