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National Bank Of Umm Al Qaiwain Psc (United Arab Emirates)

Main Activities: Commercial Banking
Full name: National Bank Of Umm Al Qaiwain Psc Profile Updated: March 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The National Bank of Umm Al Qaiwain (NBQ) is a Public Shareholding Company located in Umm Al Qaiwain, United Arab Emirates. It was incorporated on January 5, 1982, by Amiri Decree Number (1) issued by the Ruler of Umm Al Qaiwain. The bank officially started its operations on August 1, 1982. The largest shareholder and promoter of the bank is the Local government of Umm Al Qaiwain. NBQ provides retail and corporate banking services through its network of 11 branches across the UAE. In addition to conventional banking, the bank also offers Islamic banking services through its Islamic Banking window, which was established in 2005. The bank maintains high capital adequacy and liquidity ratios, reflecting its strong financial resilience. This is attributed to robust corporate governance and financial disciplines implemented by the bank.

Headquarters
Nbq Building, King Faisal Street, Near Sh.Zayed Mosque, 1St Floor, P.O Box 800
Umm Al Quwain; Umm Al Quwain; Postal Code: 800

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Website: http://www.nbq.ae

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1982
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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10.112%
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9.998%
Subsidiaries
Twin Towns Marketing Management (L.L.C)
99.33%
Company Performance
Financial values in the chart are available after National Bank Of Umm Al Qaiwain Psc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AED. Absolute financial data is included in the purchased report.
Net interest income
72.02%
Operating profit (EBIT)
37.97%
Net Profit (Loss) for the Period
37.88%
Total assets
8.61%
Total equity
5.89%
Total Assets Trend
5.09%
Net Interest Income Trend
33.92%
Loans to Deposits Ratio
-1.54%
Loans to Asset Ratio
0.18%

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