United Arab Bank PJSC (UAB)

Abu Dhabi – Mubasher: The United Arab Bank (UAB) logged net profits after tax worth AED 68.24 million during the first quarter (Q1) of 2024, marking an annual rise of 25% from AED 54.75 million. Earnings per share rose to AED 0.03 per share as of …

Abu Dhabi – Mubasher: The United Arab Bank (UAB) registered AED 255.30 million in net profit during 2023, higher than AED 154.72 million in 2022. Total interest income and income from Islamic financing products hit AED 921.61 million last year, up …

Abu Dhabi – Mubasher: The United Arab Bank (UAB) achieved net profits standing at AED 209.02 million in the first nine months (9M) of 2023, an annual leap of 76% from AED 119.06 million. Total operating income climbed by 27% year-on-year (YoY) to …

Abu Dhabi – Mubasher: The United Arab Bank (UAB) posted 45% year-on-year (YoY) higher net profits at AED 120.52 million during the first half (H1) of 2023, compared to AED 83.27 million. Basic and diluted earnings per share (EPS) increased to AED …

Abu Dhabi – Mubasher: The net profits of United Arab Bank (UAB) hiked by 80% to AED 54.75 million in the first quarter (Q1) of 2023 from AED 30.38 million in Q1-22. The lender posted a total operating income amounting to AED 122.70 million in the …

Abu Dhabi – Mubasher: United Arab Bank (UAB) witnessed a 120% year-on-year (YoY) jump in net profit to AED 154.72 million in 2022, compared to AED 70.19 million. The total operating income stood at AED 500.78 million in the January-December 2022 …

Abu Dhabi – Mubasher: United Arab Bank (UAB) generated AED 119.06 million net profits in the first nine months (9M) of 2022, an annual hike of 166% from AED 44.74 million. The total operating income amounted to AED 350.96 million in …

Abu Dhabi – Mubasher: United Arab Bank (UAB) has registered net profits worth AED 83.27 million during the first half (H1) of 2022, an annual hike of 209% from AED 26.92 million. Basic and diluted earnings per share (EPS) stood at AED 0.04 in the …

Abu Dhabi – Mubasher: The United Arab Bank (UAB) has named Shireesh Sudheer Bhide as the bank’s new CEO. Bhide will assume his position on 1 June 2022, according to a bourse disclosure on Monday. It is worth noting that during the first quarter …

Abu Dhabi – Mubasher: The net profits of United Arab Bank (UAB) skyrocketed by 198% to AED 30.38 million in the first quarter (Q1) of 2022, compared to AED 10.20 million in Q1-21, according to the bank's unaudited interim financials for the …

Abu Dhabi – Mubasher: United Arab Bank (UAB) has reported net profits of AED 44.74 million in the January-September period of 2021, versus net losses of AED 364.911 million in the same period of 2020, according to the bank's unaudited interim …

Abu Dhabi – Mubasher: United Arab Bank (UAB) achieved net profits of AED 26.9 million during the first half (H1) of 2021, compared to net losses of AED 208.9 million in the same half of 2020. Turning to profitability is attributed to the improved …

Abu Dhabi – Mubasher: United Arab Bank (UAB) reported net profits of AED 10.2 million in the first quarter (Q1) of 2021, against net losses of AED 119.943 million in the same quarter of 2020, according to the bank’s interim financial results for …

Abu Dhabi – Mubasher: United Arab Bank (UAB) has logged accumulated losses of AED 667.257 million as at the end of 2020, accounting for 32% of the capital. The accumulated losses are attributed to the bank's exposure to NMC and associated …

Abu Dhabi – Mubasher: The interim financial statements of United Arab Bank (UAB) showed a rise in net losses to AED 667.295 million in 2020, compared to AED 470.753 million in 2019. The bank's revenues decreased to AED 402.863 million in 2020 from …

Abu Dhabi – Mubasher: The financial statements of United Arab Bank (UAB) registered AED 364.91 million net losses in the first nine months of 2020, up from AED 63.02 million in the year-ago period. The bank's net interest income and income from …

Abu Dhabi – Mubasher: United Arab Bank (UAB) has logged accumulated losses of AED 208,926 as at the first half (H1) of 2020, representing 10.1% of the bank's capital. The accumulated losses were driven by several actions taken in 2019 to address …

Abu Dhabi – Mubasher: United Arab Bank (UAB) incurred net losses of AED 208.9 million during the first half (H1) of 2020, against AED 35.7 million net profits in the year-ago period. The lender's net interest income decreased to AED 163.4 million …

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of United Arab Bank (UAB) has approved raising the foreign ownership limit to 40%, setting the national ownership not to fall below 60% of the capital at any time. During the …

Abu Dhabi – Mubasher: United Arab Bank (UAB) has incurred a net loss amounting to AED 470.753 million in 2019, versus a net profit of AED 77.227 million in 2018, according to the bank’s preliminary financial statements for 2019. The bank’s …

Abu Dhabi – Mubasher: United Arab Bank’s (UAB) accumulated loss reached AED 490 million ($133.41 million) at the end of September 2019. The bank’s accumulated loss accounted for 23.8% of its capital, according to a bourse statement released on …

Abu Dhabi – Mubasher: The United Arab Bank (UAB), listed on the Abu Dhabi Securities Exchange (ADX), reported an AED 63 million net loss during the nine months period ended 30 September 2019, versus a net profit of AED 104.8 million a year …

Abu Dhabi – Mubasher: The United Arab Bank, listed on the Abu Dhabi Securities Exchange (ADX), has teamed up with the UK Finastra with the signing of a transformative deal that covers offering services to retail and corporate customers. Finastra’s …

Abu Dhabi – Mubasher: The United Arab Bank (UAB), listed on the Abu Dhabi Securities Exchange (ADX), announced it has signed a memorandum of understanding (MoU) with the Mohammed Bin Rashid Housing Establishment (MBRHE). Under the MoU, the UAB …

Abu Dhabi – Mubasher: United Arab Bank (UAB), listed on the Abu Dhabi Securities Exchange (UAB), on Tuesday announced it has achieved a net profit of AED 36 million in the first half of 2019. UAB also reported a 6% year-on-year growth in interest …