MashreqBank Psc - Abu Dhabi

Moody's downgrades three Dubai-based banks.
Financial Mirror (Cyprus); 12/11/2009; 942 words; ...based banks -- Emirates NBD, Mashreqbank PSC and Dubai Islamic Bank PJSC...that operate primarily in the Abu Dhabi Emirate. Moody's also expects...total assets as of September 30, Mashreqbank reported AED100 bln (US$27...

UAE: MOODY'S DOWNGRADES THREE DUBAI-BASED BANKS.
IPR Strategic Business Information Database; 12/10/2009; 1253 words; ...Emirates NBD, Mashreqbank PSC and Dubai Islamic Bank...possible downgrade. - Mashreqbank PSC: Moody's has downgraded...driven by the downgrade of Mashreqbank's BFSR to D+ (mapping...operate primarily in the Abu Dhabi Emirate. Moody's also...

United Arab Emirates: Algosaibi, Saad Group owe UAE banks $2.9bn.
TendersInfo; 11/20/2009; 785 words; ...largest bank by assets, Abu Dhabi Commercial Bank PJSC...medium-term notes. Mashreqbank PSC, the nation s third...Algosaibi & Brothers Co. An Abu Dhabi court ordered a freeze...and Saad Holding Co. Mashreqbank PSC, the UAE-based lender...

ADCB has $609 Million Exposure to Saudi Groups.
Khaleej Times (Dubai, United Arab Emirates); 9/25/2009; 565 words; Summary: DUBAI u Abu Dhabi Commercial Bank, or ADCB, is owed more than $600 million by Saudi...expectations related to recoverability of these loans," the bank said. Mashreqbank PSC, the UAE's third-biggest bank by revenue, also said on September...

Algosaibi Sues Al Sanea for $10 Billion Loan Fraud.
Khaleej Times (Dubai, United Arab Emirates); 7/19/2009; 1091 words; ...five banks, including Mashreq, National Bank of Abu Dhabi and Abu Dhabi Commercial Bank, have exposure to the Saudi firms...banking sources or the banks themselves. The case is Mashreqbank PSC against Ahmed Hamad Al Gosaibi and Brothers Company...