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- Sohar International, Al Mouj sign MoU for RO63mn credit facility
- Oman's industrial exports rise 8.6% to RO1.6bn in Q1
- UAE economic outlook remains bullish despite global volatility
- Dubai realty pivots to long-term stability as market dynamics shifts
- Al Seer Marine, B International Logistics launch new shipping JV
- ACWA Power enters potential $10bn investment deals in Malaysia
- Galfar lands key Oman road dualisation project
- Zain accelerates national talent empowerment in digital economy
- Gulf Bank organizes cleanup campaign on Qaruh Island
- Al-Tijaria, CSCEC sign strategic MOU with to collaborate on govt-tendered projects
28/04/2015 00:38 AST
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.
Operating income for the first three months of the year increased by 14 per cent to Dh91.63 million compared to Dh80.18 million in the first quarter of 2014.
Net interest income rose 12 per cent year-on-year to Dh116.88 million, compared to Dh104.02 million in the same period last year.
Total assets stood at Dh13.47 billion at the close of the first quarter of this year, while the loans & advances portfolio stood at Dh7.79 billion and customer deposits at Dh8.4 billion.
At the end of the first quarter of this year the capital adequacy ratio was at 29.17 per cent. The bank has high level of liquidity with an advances-to stable-resources ratio of 73 per cent as of March 31, 2015.
The liquidity coverage ratio as per Basel III guidelines was at 182 per cent, compared to the minimum stipulated ratio of 50 per cent.
Gulf News
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
26/04/2016
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 inco
Gulfnews
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 | 401.20 | 0.20 (0.04 |
| FAB | 15.68 | -0.42 (-2.61 |
| EMIRATESNBD | 22.10 | -0.30 (-1.34 |
| ADCB | 12.10 | 0.02 (0.16 |
| ADIB | 19.20 | 0.02 (0.10 |
03/06/2025
Sohar International and Al Mouj Muscat have signed a Memorandum of Understanding (MoU) for a strategic credit facility agreement valued at RO63mn to Al Mouj Muscat.
Structured as a combinati
Muscat Daily
03/06/2025
Al Seer Marine, a global maritime organization headquartered in Abu Dhabi, said it has partnered with B International Shipping & Logistics, an affiliate of top Geneva-based energy trader BGN, to laun
Trade Arabia
03/06/2025
ACWA Power, the world's largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, has announced the signing of memorandum of understanding (Mo
Trade Arabia
03/06/2025
Galfar, one of the largest engineering, contracting and construction companies in Oman, has announced that it has secured a major construction works contract for Part Four of the Sultan Said bin Taim
Trade Arabia
03/06/2025
Zain announced the successful conclusion of its participation in the TechEdge program, one of the leading training initiatives focused on digitally empowering young talent. The program was held under
Kuwait Times
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