NBF’s H1 2019 net profit rose 15.1pc | 2019-07-22

NBF’s H1 2019 net profit rose 15.1pc

22 July, 2019 12:00 AM printer

Dubai: National Bank of Fujairah (NBF) posted a net profit of Dh357.1 million for the first half of 2019, up 15.1 per cent over the corresponding period of 2018.

NBF also recorded its best ever half year operating profit of Dh567 million which increased by 9.1 per cent compared to Dh519.9 million in the corresponding period of 2018, report agencies.

Operating expenses increased by 10.3 per cent. Cost-to-income ratio stood at 32.6 per cent compared to 32.4 per cent in the corresponding period of 2018.


Top