First Gulf Bank P.J.S.C. operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares First Gulf Bank P.J.S.C. with three other
companies in this sector in United Arab Emirates:
Dubai Islamic Bank PSJ
sales of 8.21 billion Arab Emirates Dirhams [US$2.23 billion]
of which 41%
was Retail & Business Banking),
Abu Dhabi Commercial Bank
(11.45 billion Arab Emirates Dirhams [US$3.12 billion]
of which 43%
was Consumer Banking), and
Mashreq Bank Psc
(8.92 billion Arab Emirates Dirhams [US$2.43 billion]
of which 19%
During the year ended December of 2016, sales at
First Gulf Bank P.J.S.C. were 11.28 billion Arab Emirates Dirhams (US$3.07 billion).
increase of 4.5%
versus 2015, when the company's sales were 10.80 billion Arab Emirates Dirhams.
This was the fifth consecutive year of sales increases at First Gulf Bank P.J.S.C.
(and since 2011, sales have increased a total of 32%).
Sales of Other Operations saw an increase
that was more than double the company's growth rate: sales were up
18.2% in 2016, from
720.75 million Arab Emirates Dirhams to 851.70 million Arab Emirates Dirhams.
First Gulf Bank P.J.S.C. also saw significant increases in sales in
International Operations (up 8.6% to 2.40 billion Arab Emirates Dirhams)
Not all segments of First Gulf Bank P.J.S.C. experienced an increase in sales in 2016:
sales of Treasury fell 19.6% to 602.30 million Arab Emirates Dirhams.
First Gulf Bank P.J.S.C. also experienced decreases in sales in
Consumer Banking (down 8.0% to 2.53 billion Arab Emirates Dirhams)