National Bank of Fujairah announces net profit of Dhs150.5m in H1 2022

National Bank of Fujairah (NBF)  announced H1 2022 results with a net profit of Dhs150.5m up by 97.5 per cent to close the first six month period.

The lender recorded the year-on-year growth of 97.5 per cent compared to Dhs76.2m in the corresponding period of 2021, up by 49.4 per cent quarter-on-quarter.

Dr Raja Easa Al Gurg, deputy chairperson said: “Improvement in asset quality and good business growth augur well for the second half…