National Bank of Umm Al-Qaiwain PSC 2024 IR
The report details the financial, operational, and sustainability performance of the National Bank of Umm Al Qaiwain (PSC) for the fiscal year 2024. The bank achieved a record net profit before tax of AED 551 million, representing a 10% year-on-year increase, while maintaining a robust capital adequacy ratio of 36.23%. On the ESG front, NBQ advanced its digital transformation, with 98% of retail transactions conducted digitally, and invested AED 146.92 million in ESG-linked bonds. Additionally, the bank successfully upgraded its PCI DSS certification to version 4.0 and implemented a wastewater treatment system at its Head Office that recycled 100% of its water consumption.
Company: National Bank of Umm Al-Qaiwain PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2024
Type: IR
Pages: 195
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National Bank of Umm Al-Qaiwain PSC
Integrated Report
The report details the financial, operational, and sustainability performance of the National Bank of Umm Al Qaiwain (PSC) for the fiscal year 2024. The bank achieved a record net profit before tax of AED 551 million, representing a 10% year-on-year increase, while maintaining a robust capital adequacy ratio of 36.23%. On the ESG front, NBQ advanced its digital transformation, with 98% of retail transactions conducted digitally, and invested AED 146.92 million in ESG-linked bonds. Additionally, the bank successfully upgraded its PCI DSS certification to version 4.0 and implemented a wastewater treatment system at its Head Office that recycled 100% of its water consumption.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees