04/04/2018 06:19 AST

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than 5 per cent stake in the bank at any point, Bank of Sharjah said in a statement posted on Abu Dhabi Securities Exchange's website.

Bank of Sharjah's net profit for 2017 fell 34 per cent to Dh265 million. Total assets stood at Dh30 billion, up 13 per cent, while total loans and advances were at Dh17 billion.


Gulf News

Dubai-based Shuaa Capital reaches 'amicable' deal with major creditor

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Shuaa rising profits mask questions over provisions and commissions

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SHUAA Capital celebrates the launch of SHUAA Securities-Egypt

13/02/2018

SHUAA Capital, the United Arab Emirates-based premier financial services group, today held a press conference in Cairo to officiate the opening of its securities brokerage arm, SHUAA Securities-Egyp

Press Release

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IHC 400.00 -0.10 (-0.03%)
FAB 16.90 -0.28 (-1.63%)
EMIRATESNBD 23.60 0.30 (1.28%)
ADCB 13.66 0.40 (3.01%)
ADIB 21.66 0.06 (0.27%)
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