Download PDF

Market: Abu Dhabi Securities Exchange (ADX) Symbol: NBF ISIN: AEN000801011 Industry: Banks


Share data
15/10/2019
Currency AED
Previous Close 4.99
Change (%) 0.00
Volume 0
Number of Shares (Mn) 1,850
Market Cap (Mn) 9,231.56

About National Bank of Fujairah PJSC:

Incorporated in 1982, National Bank of Fujairah PJSC (NBF) is a full services corporate bank with strong corporate and commercial banking, treasury and trade finance expertise as well as an expanding suite of personal banking options and Shariah compliant services. Leveraging its deep banking experience and market insight within Fujairah and the UAE, NBF is well-positioned to build lasting relationships with its clients and help them achieve their business goals, support in industries ranging from oil and shipping to services, manufacturing, construction, education and healthcare.

NBF’s key shareholders include the Government of Fujairah, Easa Saleh Al Gurg LLC and Investment Corporation of Dubai. Rated Baa1 / Prime-2 for deposits and A3 for counterparty risk assessment by Moody’s and BBB+ / A-2 by Standard & Poor’s, both with a stable outlook, the bank is listed on the Abu Dhabi Securities Exchange under the symbol “NBF”. It has a branch network of 18 (of which one is an electronic banking service unit) across the UAE.


Key figures (AED’000)
2016
2017
2018
Income statement      
Operating income 1,319,107 1,378,541 1,573,836
Operating expenses -453,142 -464,930 -521,736
Net profit for the year 460,443 471,943 615,314
Balance sheet      
Total assets 35,668,119 36,656,376 39,783,286
Total liabilities 31,089,063 31,765,738 34,661,420
Total shareholders' equity 4,579,056 4,890,638 5,121,866
Key indicators      
Earnings per share (AED) 0.31 0.24 0.33
Dividend payout ratio (as a % of Net profit) (%) 41.4 43.4 53.45
Dividend payout ratio (as a % of Paid-up capital) (%) 15.0 15.0 20.0
Return on average assets (%) 1.4 1.3 1.6
Return on average equity (%) 10.4 10.0 12.3
Leverage ratio (Liabilities / Equity) (times) 6.8 6.5 6.8