National Bank of Fujairah PJSC – Operating profit and income up over 8% exhibiting resilient business performance and effective asset and liability management
Operating income at AED 1.7 billion experienced a growth of 8.5%. This was driven by a high level of resilience in the bank’s core business with good volume growth, enhanced balance sheet management and effective pricing strategies seeking to mitigate the margin compression across the global economy. Net interest income…
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Source: National Bank of Fujairah