United Arab Bank operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares United Arab Bank with three other
companies in this sector in United Arab Emirates:
Commercial Bank International
sales of 1.11 billion Arab Emirates Dirhams [US$302.08 million]
of which 74%
was Banking Activities),
Sharjah Islamic Bank Pjsc
(1.21 billion Arab Emirates Dirhams [US$330.77 million]
of which 59%
was Corporate and Government), and
Bank Of Sharjah
(1.29 billion Arab Emirates Dirhams [US$350.98 million]
of which 53%
was Commercial Banking).
During the year ended December of 2016, sales at
United Arab Bank were 1.19 billion Arab Emirates Dirhams (US$324.47 million).
decrease of 17.4%
versus 2015, when the company's sales were 1.44 billion Arab Emirates Dirhams.
Contributing to the drop in overall sales was the 66.5% decline
in Treasury, from 358.60 million Arab Emirates Dirhams to 120.22 million Arab Emirates Dirhams.
There were also decreases in sales in
Corporate Banking (down 34.5% to 431.54 million Arab Emirates Dirhams)
Retail Banking (down 62.6% to 159.01 million Arab Emirates Dirhams)