Below are the financial statements of Mashreqbank, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 |
|---|---|---|
| Interest income | 3,885.48a | 3,257.96a |
| Income from Islamic financing and investment products | 453.82a | 351.45a |
| Total interest income and income from Islamic financing and investment products | 4,339.29a | 3,609.42a |
| Interest expense | -1,876.44a | -1,375.32a |
| Distribution to depositors - Islamic products | -179.13a | -135.09a |
| Net interest income and income from Islamic products net of distribution to depositors | 2,283.72a | 2,099.01a |
| Fee and commission income | 1,241.53a | 1,154.3a |
| Fee and commission expense | -842.81a | -764.28a |
| Net fee and commission income | 398.72a | 390.02a |
| Net investment income | 62.23a | 8.09a |
| Other income, net | 907.84a | 444.09a |
| Operating income | 3,652.52a | 2,941.21a |
| General and administrative expenses | -1,006.23a | -909.84a |
| Operating profit before impairment | 2,646.29a | 2,031.37a |
| Net impairment reversal | 45.21a | 372.66a |
| Profit before tax | 2,691.51a | 2,404.03a |
| Tax expense | -236.46a | -41.82a |
| Profit for the year | 2,455.04a | 2,362.21a |
| Attributable to | — | — |
| Owners of the parent | 2,427.77a | 2,338.51a |
| Non-controlling interests | 27.27a | 23.7a |
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Mashreqbank’s data sources below and access millions more through our Disclosure Search.