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Who is Mashreq Bank Owned By?

Published in Financial Institutions 1 min read

Mashreq Bank is primarily owned by a group of significant investors, with the largest stakes held by entities associated with the Al Ghurair family and related investment groups.

Key Shareholders of Mashreq Bank

The ownership structure of Mashreq Bank reveals several major entities holding substantial percentages of its equity. These principal shareholders play a crucial role in the bank's direction and governance.

The main owners and their respective equity percentages are detailed as follows:

Shareholder Name Equity Percentage (%)
SAIF AL GHURAIR INVESTMENT GROUP 39.47%
Abdulla & Hamad Al Ghurair Investment LLC 31.10%
Massar Investment Co. LLC 12.73%

These three entities collectively hold a significant majority of Mashreq Bank's shares, indicating a concentrated ownership structure primarily centered around the Al Ghurair family and their affiliated investment vehicles. This type of ownership is common for large, established financial institutions in the region.