Abu Dhabi - Mubasher: National Bank of Fujairah (NBF) profits declined 23% in in the third quarter of 2016 to AED 116 million ($31.6 million), from AED 150 million ($41 million) in the same quarter last year.

Profits also decreased 7% and reached around AED 391 million in the first nine months of the year, compared to AED 454 million in the same period of 2015, the company said in a bourse filing on Wednesday.