
Mashreqbank PSC is a leading bank in the UAE that prioritizes Environmental, Social, and Governance (ESG) principles in its operations.
Mashreqbank PSC has a strong presence in the UAE, with a network of branches and ATMs across the country.
The bank has a long history dating back to 1967, when it was established as a public shareholding company.
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About Mashreq Bank Psc
Mashreq Bank PSC is a banking corporation in the United Emirates that provides banking and financial services to customers and businesses.
The bank serves domestic markets as well as abroad with its commercial and retail banking services.
It offers various services such as trade finance, project finance, savings and current accounts, fixed deposits, and Mashreq millionaire deposits.
Mashreq Bank PSC has a presence in multiple countries including the United Arab Emirates, Bahrain, Kuwait, Egypt, Hong Kong, India, Pakistan, Qatar, the United Kingdom, and the United States of America.
The bank's business segments are Wholesale, Retail, Treasury and capital markets, Insurance, and other.
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ESG and Sustainability

MashreqBank PSC has made significant strides in ESG and sustainability, with a clear commitment to environmental stewardship.
The bank has set ambitious targets to reduce its carbon footprint, aiming to achieve net-zero emissions by 2050.
MashreqBank PSC has introduced a range of sustainable banking products and services, including Shariah-compliant financing options.
These products cater to the growing demand for socially responsible investments and financing solutions.
The bank's sustainability efforts have also extended to its operations, with a focus on reducing energy consumption and waste management.
MashreqBank PSC has implemented energy-efficient practices in its branches and offices, resulting in a significant reduction in energy consumption.
The bank's commitment to sustainability has earned it recognition and accolades, including the Dubai Chamber CSR Label.
Intriguing read: E S a Payments
Swift Code and International Transfers
To initiate an international transfer to a Mashreqbank Psc. bank account, you'll need the SWIFT code along with other essential details.
You can find your Mashreqbank Psc. SWIFT code on your bank statement, by logging into your online banking account, or by contacting Mashreqbank Psc. directly.
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Traditional banks often process international transfers slowly and at a higher cost, making alternative solutions like the Qonto business account for international transactions a more attractive option.
The SWIFT code is crucial for routing the funds to the correct bank and branch, ensuring a secure and efficient transfer process.
The Mashreqbank Psc. SWIFT code in United Arab Emirates is BOMLAEADGTS, which corresponds to the Dubai branch.
To send an international transfer to Mashreqbank Psc. through Vita Wallet, simply log in to your verified account and navigate to the "Send" section.
You'll need to enter the transfer amount, select the destination country and currency, and the app will automatically convert the funds.
Once you have all the details ready, verify the transaction and confirm the send when you're sure.
This process is surprisingly easy and straightforward with Vita Wallet.
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Frequently Asked Questions
Where is Mashreqbank PSC?
Mashreqbank PSC is headquartered in Dubai, United Arab Emirates (UAE). Learn more about our global presence and services.
Is Mashreqbank PSC listed?
Yes, Mashreqbank PSC is listed on the Dubai stock exchange. You can find more information about its listing and trading details on the Dubai stock exchange website.
Who is the owner of Mashreq Bank?
Abdul Aziz Al Ghurair is the chairman of Mashreq, a leading bank in the UAE. He is also a prominent Emirati businessman and politician.
Sources
- https://www.sustainalytics.com/esg-rating/mashreqbank-psc/1016747384
- https://qonto.com/en/swift-codes/countries/united-arab-emirates/dubai/mashreqbank-psc
- https://sanctions.org/turbofac/research/OFAC-Mashreq-FRB
- https://casetext.com/case/mashreqbank-psc-ny-branch-v-indian-overseas-bank
- https://economictimes.indiatimes.com/wealth/ifsccode/bank-mashreqbank-psc.cms
- https://vitawallet.io/swift-codes/bomlaeadgts/
- https://law.justia.com/cases/new-york/court-of-appeals/2014/54-0.html
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