National Bank of Fujairah PJSC 2015 AR2
The report highlights National Bank of Fujairah's (NBF) record financial performance for the fiscal year 2015, achieving a 10.5% increase in net profit to AED 558.8 million. Despite challenging market conditions and lower oil prices, the bank expanded its core businesses, launched NBF Elham for Emirati businesswomen, and successfully grew NBF Islamic in its first year of operations. NBF also enhanced its corporate governance framework and maintained strong capital adequacy and liquidity ratios.
Company: National Bank of Fujairah PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2015
Type: AR2
Pages: 82
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National Bank of Fujairah PJSC
Annual Report
The report highlights National Bank of Fujairah's (NBF) record financial performance for the fiscal year 2015, achieving a 10.5% increase in net profit to AED 558.8 million. Despite challenging market conditions and lower oil prices, the bank expanded its core businesses, launched NBF Elham for Emirati businesswomen, and successfully grew NBF Islamic in its first year of operations. NBF also enhanced its corporate governance framework and maintained strong capital adequacy and liquidity ratios.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees