Abu Dhabi – Mubasher: The National Bank of Umm Al Qaiwain (NBQ) reported a 3.34% rise in net profits to AED 131.48 million during the first half (H1) of 2021 from AED 127.236 million in the same period of 2020, according to the bank's consolidated interim financials for the six-month period ended 30 June 2021.
The bank's net interest income and net income from Islamic products amounted to AED 140.283 million in H1-21, down from AED 184.845 million in H1-20.
The bank's total assets stood at AED 13.55 billion as of 30 June.
The basic and diluted earnings per share (EPS) settled at AED 0.07 in the first six months of 2021.
During the second quarter (Q2) of 2021, the bank's net profits went up to AED 54.993 million from AED 54.42 million in the year-ago period.
