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Monday 15 March 2010 (UAE)
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Mashreq Bank Dubai, Abu Dhabi, UAE, offshore
Mashreq Bank / MashreqBank (now known as just Mashreq) is one of the largest UAE banks. MashreqBank has branches in all emirates - Dubai, Abu Dhabi, Al Ain, Fujairah / Fujeirah, Ras Al Khaimah, Sharjah, Umm Al Quwain including some of the smaller towns in the UAE, and additionally operates offshore from the UAE with branches in other countries.
- Mashreq was originally set up in Dubai as Bank of Oman Ltd in 1967.
- Mashreq is publicly listed on the Dubai Financial Market stockmarket.
- Chairman is Abdullah Al Ghurair.
- Total assets AED 57 billion (US $15.4 billion) as of December 2006.
- About 20 branches of Mashreq Bank in Dubai.
- 13 branches in Abu Dhabi, Musaffah, and Al Ain.
- 8 branches in Sharjah and Dhaid.
- About 10 in Ajman, Umm Al Quwain, Kalba, Ras Al Khaimah, Khorfakkan, Dibba.
- Overseas branches or representatives of MashreqBank in Bahrain, Bangladesh, China, Egypt, India, Kuwait (01 November 2009), Pakistan, Qatar, United Kingdom, United States of America. Other Mashreq Bank offshore branches expected in Kuwait and Oman.
- Al Badr Al Islami is the Islamic Financing retail section (starts about November 2006) of Mashreq.
- Mashreq has a license to operate at DIFC (Dubai International Financial Center), intends to list on DME and issue Oil Futures Contracts on DGCX.
- Mashreq Securities is a brokerage firm operating in the UAE with branches in Abu Dhabi and Dubai, also opening in Sharjah.
Products and services include retail and commercial banking services, current and savings accounts, credit cards, consumer lending, ATM network, online and mobile banking, trade and project finance, ETF at POS, treasury, corporate and correspondent banking, share trading services.
Mashreq Bank international agreements
- China Union Pay / UnionPay (CUP) card holders can use Mashreq network ATMs in the UAE (press release 19 April 2009).
Contact Details
- Omar Ibn Al Khatab Rd, Next to Al Ghurair Center, Deira, Dubai
- PO Box 1250, Dubai, United Arab Emirates
- Head office Deira, Dubai
- Tel +971-4-2223333
- Fax +971-4-2226061
- Swift code: BOMLAEAD (don't use this unless you have verified it is correct from an official Mashreq Bank source).
Opening hours for banking
- 8:00 am to 4:00 or 4:15 pm Saturday to Wednesday. Mashreq was one of the first UAE banks, if not the first, to stay open past lunchtime. Many UAE banks still close by 1 pm, or sooner, every day.
- 8:00 am to 12:30 pm Thursday.
Online Banking Security
- You should only access your Mashreq Bank online account website by either typing it in carefully (and double-checking - many fake sites rely on incorrectly typed URLs), or from a stored favorite on your own personal computer (not a public computer).
- If you do not see https (not http) at the beginning of the URL AND the padlock icon in the browser, there is a security problem. Don't enter your username or password. Contact the bank (this applies to your online account, not to information pages).
- Never reply to an email claiming to be from a bank that asks for your username and/or password.
- Never click on a link in an email asking for any username or password information.
- Be careful clicking on a bank link as the result of an internet search (there are many fake and scam sites phishing for your online login details).
- The external link for Mashreq Bank below takes you to the Mashreq Bank home page and is there for information purposes only. It should not be used for online account login. You should obtain the correct link from official MashreqBank information.
Mashreq Kuwait
- New Mashreq Bank Kuwait branch officially open 01 November 2009, the first Mashreq bank in Kuwait.
- Mashreq Kuwait location is Ground Floor, Al Zomorodah Tower, Ahmed Al Jaber Street in the Kuwait City Financial District.
Last update Wednesday 04-Nov-2009
Related pages
- Mashreq - forum topic - add comments, information, questions
- List of UAE banks
Related websites (open in new window)
- www.mashreqbank.com - Mashreq Bank website (provided for information only, no for online login)
- Dubai directory - add your link free