National Bank of Ras Al Khaimah PSC operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares National Bank of Ras Al Khaimah PSC with three other
companies in this sector in United Arab Emirates:
Abu Dhabi Islamic Bank
sales of 7.02 billion Arab Emirates Dirhams [US$1.91 billion]
of which 47%
was Retail Banking),
Sharjah Islamic Bank Pjsc
(1.85 billion Arab Emirates Dirhams [US$504.28 million]
of which 52%
was Corporate and Government), and
National Bank of Fujairah
(2.28 billion Arab Emirates Dirhams [US$620.29 million]
of which 39%
National Bank of Ras Al Khaimah PSC reported sales of 4.51 billion Arab Emirates Dirhams (US$1.23 billion)
December of 2018.
increase of 7.2%
versus 2017, when the company's sales were 4.21 billion Arab Emirates Dirhams.
Sales of Corporate Banking saw an increase
that was more than double the company's growth rate: sales were up
34.5% in 2018, from
193.98 million Arab Emirates Dirhams to 260.89 million Arab Emirates Dirhams.
Not all segments of National Bank of Ras Al Khaimah PSC experienced an increase in sales in 2018:
sales of Treasury and Others fell 11.1% to 434.38 million Arab Emirates Dirhams.
National Bank of Ras Al Khaimah PSC also experienced decreases in sales in
Retail Banking (down 2.5% to 1.74 billion Arab Emirates Dirhams)
Insurance Operations (down 2.5% to 76.06 million Arab Emirates Dirhams)