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Mashreq

Mashreq Bank Q1 Net Profit Up 2 Percent

Mashreq Bank Q1 Net Profit Up 2 Percent

Mashreq bank posted a 2 percent rise in first-quarter earnings, as a fall in provisions outweighed lower total income. Net profit increased to 271 million dirhams ($73.8 million) in the period, up from 265.3 million dirhams a year earlier, a bank statement said.

April 25, 2012 10:39
 
Dubai Mashreq Q4 net falls; fee, interest income down

Dubai Mashreq Q4 net falls; fee, interest income down

Q4 earnings fall almost 59 pct - Reuters calculations; Net interest, Islamic income down 15 pct in 2011; Fee, commission income fall 8 pct; Provisions decrease 32 pct in 2011

February 2, 2012 1:35
 

Dubai’s Mashreq Bank retail NPLs peaked in 2010 – exec

Mashreq retail NPL ratio to improve - exec; Retail banking sector to remain difficult in 2011; Bank to focus on retaining existing customers

April 19, 2011 2:56
 

Credit card defaults expected to drop

Some banks write off debt after just 180 days.

June 20, 2010 2:29
 
Online banking fraud: who’s to blame?

Online banking fraud: who’s to blame?

Local bank could learn a thing or two from the 'phishing scam' policies of other lenders.

May 3, 2010 2:11
 
How to avoid being ‘phish’ bait

How to avoid being ‘phish’ bait

Following the alarming rise in internet fraud and ‘phishing’ attacks in the Middle East, here’s some advice on protecting yourself when banking online.

April 10, 2010 11:12
 

Mashreq starts debt counseling service

UAE-based Mashreq bank…

September 2, 2009 2:59