Abu Dhabi – Mubasher: The National Bank of Umm Al Qaiwain (NBQ) increased by 25% to AED 264.17 million in 2021, compared to AED 211.77 million in the earlier year, as shown by the bank's preliminary financials for the period ended 31 December 2021.
The bank's net operating profits declined to AED 256.11 million last year from AED 324.21 million in 2020.
The earnings per share (EPS) settled at AED 0.14 in 2021, versus AED 0.11 in the previous year.
It is noteworthy to mention that in the first nine months (9M) of 2021, NBQ reported net profits of AED 194.68 million, up by 10.61% year-on-year (YoY) from AED 176.01 million.
