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NBF posted a solid performance in H1 2022 net profit

Newsroom Editor by Newsroom Editor
July 29, 2022
in Tech
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  • Progressive performance underpinned by robust capital adequacy, enhanced balance sheet management and improvement in asset quality

NBF is pleased to announce its results today for the six month period ended 30 June 2022.

Highlights:

  • NBF recorded year-on-year growth of 97.5% to close the six month period at a net profit of AED 150.5 million compared to AED 76.2 million in the corresponding period of 2021, up 49.4% quarter-on-quarter and 163.6%…



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