581 million dirhams, net profits of the National Bank of Umm Al Quwain in 2025, an increase of 15%
Umm Al Quwain, February 11, 2025 – The net profits of the National Bank of Umm Al Quwain, after deducting tax, amounted to 581 million dirhams, an increase of 15% compared to 2024.
The bank’s financial statements showed that its total assets increased to 22.9 billion dirhams at the end of December 2025, a growth of 28% compared to 17.9 billion dirhams at the end of December 2024. Loans and facilities also increased by 17% to reach 9.1 billion dirhams, while customer deposits grew by 38% to reach 15.7 billion dirhams during the same period, which reflects the growing confidence of customers.
Total shareholders’ equity recorded a growth of 9% to reach 6.6 billion dirhams, and capital adequacy reached 30.67% at the end of last December, remaining much higher than the minimum set by the Central Bank of the United Arab Emirates in accordance with the requirements of the “Basel III” agreement.
The non-performing loan ratio improved by 371 basis points to reach 0.31% compared to 4.02% at the end of December 2024, which reflects the efficiency of risk management and the quality of the credit portfolio.
Adnan Al-Awadhi, CEO of the National Bank of Umm Al Quwain, said that the results achieved during the year 2025 reflect the strength of the foundations on which the bank is based, and the excellence of its performance in various financial indicators, supported by a proactive vision for risk management and commitment to the highest standards of compliance with legislation and regulations.
He added that the approach that focuses on customer service has proven successful, which is evident in the growth of profits, assets and deposits, stressing the bank’s commitment to continuing to enhance value for shareholders and all partners by providing innovative banking solutions that respond to the aspirations of different customer segments.
He explained that the bank continued during the past year 2025 to accelerate the pace of digital transformation, improve customer experience, and enhance operational excellence by employing advanced technologies, pointing out that the strong levels of capital adequacy and liquidity ratio provide a stable base for achieving growth goals for the year 2026.
He stressed the continued focus on innovation and diversification of banking products to achieve sustainable value in the long term, while aligning sustainability, financial inclusion and Emiratisation initiatives with financial goals, which contributes to supporting economic and social development in the UAE.
Total revenues grew by 13% to reach 1,229 million dirhams, while non-interest income increased by 41% to reach 252 million dirhams, and the cost-to-income ratio reached 23.42%, which reflects strong operational efficiency and sustainable financial discipline.
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