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- Bahrain All Share Index, Islamic Index close lower
- Qatar Free Zones, Russia's BIOCAD sign MoU on biotech activities in Qatar
- Gold price in Qatari market rises by 3.18% this week
- MSX Index closes higher at 4,305 Points
- Dollar rises from seven-month low
- Oman signs deal for world's first liquid hydrogen corridor to Europe
- Gulf Bank shortens working hours to support employee wellbeing and work-life balance
- Zain launches 'Bede' Fintech Platform in Sudan
- ECB cuts rates as Trump tariffs raise fears for eurozone growth
- Dubai gold price eases after record high - More drops ahead?
26/04/2016 05:52 AST
National Bank of Umm Al Qaiwain (NBQ) reported a net profit of Dh102.4 million in the first quarter of 2016 compared to Dh102.8 million in the same quarter last year.
Bank's operating income for the first quarter at Dh88 million was down 4.9 per cent compared to Dh92.34 million in the first quarter of 2015. Fee and other income recorded an increase of 6.85 per cent year on year. Net interest income declined by 5 per cent to Dh110.92 million in the first quarter of this year compared to the same quarter last year.
Total assets were marginally up at Dh13.41 billion at the end of the first quarter compared to Dh13.38 billion at year end 2015. While loans and advances reached Dh8.88 billion, customer deposits increased by 4.25 per cent to Dh9.15 billion from year end 2015.
Bank's capital adequacy ratio at the end of the first quarter was at 31.46 per cent and advances to stable resources ratio at 75.6 per cent. Liquidity coverage ratio of 207 per cent against minimum stipulated level 70 per cent gives the bank enough room to expand its balance sheet, NBQ said in a statement.
Gulfnews
27/04/2017
National Bank of Umm Al Qaiwain (NBQ) on Wednesday reported a net profit of Dh123.39 million, up 20 per cent for the first quarter of 2017 compared to Dh102.4 million in the same quarter last year.
Gulfnews
28/04/2015
National Bank of Umm Al-Qaiwain (NBQ) on Monday reported a net profit of Dh102.88 million for first quarter of 2015, compared to Dh95.31 million reported in the same period last year.
Oper
Gulf News
02/04/2015
Global Investment House (Global) is pleased to announce that the Court of Appeals of Dubai in its hearing held today ruled to accept the settlement agreement between "Global" and National Bank of Umm
CPI Financial
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 402.00 | 0.10 (0.02 |
| FAB | 13.80 | 0.16 (1.17 |
| EMIRATESNBD | 19.45 | -0.40 (-2.02 |
| ADCB | 10.44 | 0.14 (1.35 |
| EIB | 12.25 | 0.00 (0.00 |
18/04/2025
As part of its ongoing efforts to create an ideal work environment that reflects its deep commitment to employee wellbeing and work-life balance, Gulf Bank has announced a reduction in daily working
Kuwait Times
18/04/2025
Zain Fintech, the financial services arm of Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa
Kuwait Times
17/04/2025
Bullish on Qatar's macroeconomic prospects, Al Mahhar Holding is exploring options on expanding its manufacturing base for the energy sector over the medium term and aims to diversify into renewables
The Peninsula
17/04/2025
Abu Dhabi-based global entities ADQ, IHC and Modon Holding have entered into a joint venture to form a dedicated infrastructure platform - Gridora - that will actively drive infrastructure developmen
Trade Arabia
17/04/2025
The Zain Group Annual General Meeting (AGM) was held at the Zain Group's headquarters in Kuwait, attended with a quorum of 79.2% of shareholders whereby they were presented with the Zain Group's 2024
Kuwait Times
Financial Information Co.
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