UAE banks' profits deteriorate; bad loans likely to go up
Challenging economic conditions result in higher non-performing loans for Q3
ZAWYA - 22 Nov 2020No stock data available at this time
ID | Stock Type | Currency | Exchange | Symbol |
---|---|---|---|---|
NBF.ADSM | Ordinary | AED | Abu Dhabi SE | NBF |
Challenging economic conditions result in higher non-performing loans for Q3
ZAWYA - 22 Nov 2020Klip offers a simple way for users to transfer money to others via a mobile number
TradeArabia - 10 Sep 2020Narrower margins and contraction in lending will pressure revenue, according to the global ratings agency
ZAWYA - 06 Jul 2020Cost pressures and digitization will cause shift in post-COVID hiring as well
ZAWYA - 30 Jun 2020The global ratings agency regards the coronavirus outbreak as a social risk under its ESG framework
ZAWYA - 21 Jun 2020Keynotes will be offered by Forcepoint CEO Matt Moynahan and Help AG CEO Stephan Berner, and attendees will also have the opportunity to hear from Forcepoint and Help AG customers, who will debate the current issues they face when implementing cybersecurity programs in the Middle East
Press Release - 13 Dec 2020The Third Generation of e-Dirham system includes the launch of the e-Dirham mobile app "Mubasher" and three prepaid cards with integrated benefits
Press Release - 16 Sep 2020NBF Connect will serve as a collaborative ecosystem and a one-stop-shop for SMEs with partners including Etisalat and Visa
Press Release - 24 Aug 2020NBF posted an operating income of AED 755.6 million and net profit of AED 65.1 million after building prudent impairment provisions in response to protracted period of disruptions caused by COVID-19
Press Release - 28 Jul 2020Etihad Credit Insurance (ECI), the UAE Federal export credit company, has partnered with National Bank of Fujairah (NBF) to support businesses in the UAE by securing customer's sales receivables and providing another source of working capital
Press Release - 19 Apr 2020Other investors include CapitalG, Alphabet Inc's independent growth fund, Portag3, and QED
Reuters News - Tuesday 26 January 2021Real GDP will only return to the 2019 level by 2023
ZAWYA - Tuesday 26 January 2021Allocates KD 59 towards precautionary provisions
Press Release - Tuesday 26 January 2021The new H2H Online Payment System offers an extra layer of security as all processed data is fully encrypted
Press Release - Tuesday 26 January 2021NBK performed well in a challenging year; demonstrating prudent risk management and reaffirming the Bank's solid financial position
Press Release - Tuesday 26 January 2021The Saudi government sold over 1.7% stake in Aramco in an initial public offering (IPO) in 2019
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Reuters News - 2 hours agoThe company projected further profit growth in the year ahead
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Reuters News - 3 hours agoRefinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Stocks | Last Price | % Change |
---|---|---|
ORIENT INSURANCE | 66.300 AED | 0.00 |
AL-QAIWAIN CMNT | 0.900 AED | 0.00 |
FIDELITY UNITED | 2.000 AED | 0.00 |
AL FUJAIRAH INS | 247.900 AED | 0.00 |
SHARJAH INS CO | 2.110 AED | 0.00 |
UNION INS CO | 0.650 AED | 0.00 |
Investors cautious ahead of the Federal Reserve meet
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