MASQ: Mashreqbank PSC - Summary | Jitta

Mashreqbank PSC

ARE:MASQ

Price
AED240.00
Loss Chance
43.6%
5.09JITTA SCORE
26.70%Under Jitta Line
Jitta Ranking
14 / 16
24 / 38
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (34)
Recent Business Performance (33)
Financial Strength (88)
Return to Shareholders (59)
Competitive Advantage (62)
Jitta Signs
CapExVery Low
SG&A to SalesDecreasing
Total DepositConsistent Growth
Loan to DepositEfficiency
Net Interest MarginEfficiency
Revenue and EarningEarning loss detected in 2020
Recent Business PerformanceEarning decline 45.04% in the last quarter (yoy)
Key Stats
Jitta Score
Jitta Line
5.09
26.70%
6.41
13.00%
5.16
147.92%
Diversified Banks
8.41
25.39%
7.82
100.00%
5.60
91.17%
COMPANY DESCRIPTION
Mashreqbank PSC provides various banking and financial services to individuals and corporates. The company operates through Wholesale, Retail, Treasury & Capital Markets, and Insurance & Others segments. The Wholesale segment offers corporate and commercial banking services, such as global financial institution and international corporate services, as well as a suite of corporate banking products, including trade finance, contracting finance, project finance, investment banking, cash management, correspondent banking, and Islamic products. The Retail segment provides current accounts, savings accounts, fixed deposits, and Mashreq Millionaire deposits; personal, mortgage, and business loans; credit with loyalty programs and debit cards, bank assurance, overdraft, priority banking, SME and private banking, wealth management, and Islamic products to individuals and small businesses, as well as investment products. The Treasury & Capital Markets segment is involved in customer flow and proprietary business; funding center management comprising transactions for foreign exchange, derivatives, margin FX, futures, hedging, investment products, domestic equities brokerage, and asset management undertaken on behalf of customers; and trading and investing activities. The Insurance & Others segment offers life, health, motor, marine cargo and hull, aviation, fire and general accident, engineering, liability, and personal lines insurance. The company also provides reinsurance, IT, asset and fund management, special purpose vehicle, payment, trading, and corporate venture capital services. The company operates through its branches in the United Arab Emirates, Bahrain, Kuwait, Egypt, Hong Kong, India, Pakistan, Qatar, the United Kingdom, and the United States. Mashreqbank PSC was incorporated in 1967 and is based in Dubai, the United Arab Emirates.