Abu Dhabi – Mubasher: National Bank of Fujairah (NBF) on Sunday reported a 3.9% year-on-year rise for the third quarter of 2017.
The bank’s profits amounted to AED 120 million in Q3-17, versus AED 116 million in Q3-16, NBF highlighted in a statement to the Abu Dhabi Securities Exchange (ADX).
At the level of the first nine months of 2017, profits grew 2.7% to AED 401.4 million from AED 391 million in the prior-year period.
Operating profits went up to AED 667.4 million in the nine-month period of 2017, compared to AED 634.1 million in the corresponding period of 2016.
The ADX-listed bank’s profits surged 24.5% to AED 154.941 million in Q2-17 from AED 124.6 million in Q2-16.
In the first half of 2017, NBF’s profits levelled up 2.15% to AED 281.04 million, compared to AED 275.10 million in the prior-year period.
