Bank of Sharjah posts Dh309m net profit : vimarsana.com

Bank of Sharjah posts Dh309m net profit


Bank of Sharjah posts Dh309m net profit
reporters@khaleejtimes.com
Filed on May 2, 2021
Bank of Sharjah has announced its audited results of the year ended December 31, 2020, with total assets standing at Dh36.14 billion, reflecting an increase of 14 per cent and total equity of Dh3.17 billion reflecting an increase of five per cent.
The group continues to enjoy a high asset quality and other robust metrics that remain healthy as a result of strict adherence to maintaining a disciplined and focused approach to lending, recovery and funding. The group also continues to also enjoy comfortable liquidity and a solid capital position with a customer deposit base of Dh23.67 billion, reflecting an increase of 11 per cent for the year, with a loans-to-deposits ratio of 82 per cent and a cost-to-income ratio of 61 per cent.

Related Keywords

Sharjah , Ash Shariqah , United Arab Emirates , Lebanon , Lebanese , Saud Al Qasimi , , Mohammed Bin Saud Al Qasimi , ஷார்ஜா , ஒன்றுபட்டது அரபு அமீரகங்கள் , லெபனான் , ஸாட் அல் கஸீமி , முகமது பின் ஸாட் அல் கஸீமி ,

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