Jan 1, 2017, 09:00 AM by Web Administrator

We are pleased to report that National Bank of Umm Al Qaiwain (NBQ) has achieved total revenue of AED 621.037 million for the year ending 31st December 2016. The operating income for 2016 is AED 354.372 million (2015 – AED 367.044 million). This year we achieved a Net profit of AED 325.734 Million, which is 20% higher than the profit of AED 271.138 million recorded for 2015 (after excluding AED 271.623 Million from the total net profit of AED 542.761 million, being the out of court settlement with Global Investment House received in 2015).