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Mashreqbank PSC Mashreqbank is one of the leading banks in the UAE with total assets of Dh26.2 billion (US$7,120 million - as at 31 December 2003) making it the largest private bank in the UAE. It also ranks among the most active in corporate banking, treasury, investment and correspondent banking and continues to play a pioneering role in the industry. Since its establishment in 1967 as the first private sector bank in the UAE, Mashreqbank has continued to play a pioneering role in the industry. It was the first bank to introduce many of banking products customers now take for granted and has lead the industry in providing services based on the latest technological solutions. Mashreqbank has garnered a number of prestigious international awards and last year was named the Best Bank in the UAE by the influential Euromoney magazine and won the 2003 UAE Bank of the Year Award from The Banker magazine, a Financial Times publication.
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