Investments made by BII in this company:
| Investment name | Commitment | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
| Investment 01 | $50m | Central Africa, East Africa, South Asia, West Africa | Financial services | October 2024 | Active |
Mashreqbank MRPA
Mashreq Bank, established in 1967, one of the leading financial institution in the UAE and a significant player in the GCC with experience operating in both the gulf and international markets. Mashreq has over 16 overseas offices in 13 countries, with corporate banking businesses in Bahrain, Qatar, Kuwait and India, as well as corporate and retail banking in Egypt and foreign exchange businesses in Bangladesh, Pakistan and Nepal.The bank offers services that range from personal banking, investment banking, asset management and insurance services. Additionally, Mashreq provides conventional and Islamic personal and investment banking and asset management services.Further, Mashreq has extensive experience operating in trade finance alongside its robust trade portfolio in emerging markets. More specifically, the bank’s existing trade portfolio in Africa covers larger countries such as Nigeria, Kenya and Ghana and the bank has been expanding its footprint into smaller countries such as Tanzania, Togo, Cote D’Ivoe, Senegal and Cameroon.