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:
sales of 917.30 million Arab Emirates Dirhams [US$249.74 million]
Commercial Bank International
(1.19 billion Arab Emirates Dirhams [US$324.96 million]
of which 19%
was Banking Activities), and
Invest Bank PSC
(1.09 billion Arab Emirates Dirhams [US$296.82 million]
of which 67%
was Commercial Banking).
During the year ended December of 2017, sales at
United Arab Bank were 1.05 billion Arab Emirates Dirhams (US$285.01 million).
decrease of 12.2%
versus 2016, when the company's sales were 1.19 billion Arab Emirates Dirhams.
Contributing to the drop in overall sales was the 67.5% decline
in Other, from 146.43 million Arab Emirates Dirhams to 47.64 million Arab Emirates Dirhams.
There were also decreases in sales in
Corporate Banking (down 16.2% to 271.23 million Arab Emirates Dirhams)
Retail Banking (down 9.6% to 113.27 million Arab Emirates Dirhams)
However, these declines were partially offset by the increase in sales of
Treasury (up 50.5% to 57.31 million Arab Emirates Dirhams)