National Bank of Umm Al Qaiwain PSC operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares National Bank of Umm Al Qaiwain PSC with three other
banks in Middle East:
Arab Jordan Investment Bank Company PSC
sales of 103.72 million Jordanian Dinars [US$146.30 million]
of which 40%
Safwa Islamic Bank PSC
(93.17 million Jordanian Dinars [US$131.42 million]
of which 25%
was Individuals), and
Khaleeji Commercial Bank
based in BAHRAIN
(57.49 million Bahrainian Dinars [US$152.48 million]
of which 84%
was Corporate and retail Banking).
During the first
quarter of 2021, sales at National Bank of Umm Al Qaiwain PSC totalled
138.19 million UAE Dirham.
This is a drop of 24.9%
from the 183.90 million UAE Dirham in sales at the company during the first quarter in 2020.
During the previous 6 quarters, sales at National Bank of Umm Al Qaiwain PSC have fallen vis-à-vis the same quarter in the previous year.
National Bank of Umm Al Qaiwain PSC reported sales of 561.08 million UAE Dirham (US$152.76 million)
December of 2020.
decrease of 25.6%
versus 2019, when the company's sales were 754.41 million UAE Dirham.
The sales level in 2020 was fairly close to the level five years ago: in 2015, National Bank of Umm Al Qaiwain PSC had sales
of 618.43 million UAE Dirham.
Contributing to the drop in overall sales was the 53.7% decline
in Treasury and Others, from 85.17 million UAE Dirham to 39.40 million UAE Dirham.
There were also decreases in sales in
Reatil and Corporate Banking (down 26.2% to 364.67 million UAE Dirham)
However, these declines were partially offset by the increase in sales of
Unallocated (up 9.8% to 29.30 million UAE Dirham)