Abu Dhabi – Mubasher: The National Bank of Umm Al Qaiwain (NBQ) posted a growth by 0.06% year-on-year in its profits during the third quarter of 2016, according to a bourse filing.
Net profits amounted to AED 69.08 million ($18.8 million) in Q3-16, compared to AED 69.04 million ($18.7 million) in Q3-15.
The bank generated profits of AED 261.761 million in the first nine months of 2016, a 46.6% decline from AED 489.942 million in the same period of last year.
