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:
National Bank Of Abu Dhabi
sales of 13.42 billion Arab Emirates Dirhams [US$3.65 billion]
of which 38%
was Global Wholesale),
Mashreq Bank Psc
(8.37 billion Arab Emirates Dirhams [US$2.28 billion]
of which 22%
was Retail), and
Abu Dhabi Commercial Bank
(10.22 billion Arab Emirates Dirhams [US$2.78 billion]
of which 37%
was Consumer Banking).
During the year ended December of 2015, sales at
First Gulf Bank P.J.S.C. were 10.80 billion Arab Emirates Dirhams (US$2.94 billion).
a very small
increase of 1.6%
versus 2014, when the company's sales were 10.63 billion Arab Emirates Dirhams.
This was the fifth consecutive year of sales increases at First Gulf Bank P.J.S.C.
(and since 2010, sales have increased a total of 29%).
Sales of Other Operations saw an increase
that was more than double the company's growth rate: sales were up
36.5% in 2015, from
528.20 million Arab Emirates Dirhams to 720.75 million Arab Emirates Dirhams.
Not all segments of First Gulf Bank P.J.S.C. experienced an increase in sales in 2015:
sales of Treasury fell 14.2% to 748.69 million Arab Emirates Dirhams.
First Gulf Bank P.J.S.C. also experienced decreases in sales in
Consumer Banking (down 2.2% to 2.75 billion Arab Emirates Dirhams)
International Operations (down 2.1% to 2.21 billion Arab Emirates Dirhams)