i

This site uses cookies to provide you with a more responsive and personalized service. By using this site you agree to our use of cookies. Please read our
Privacy Policy for more information

عربى
Financial Highlights

First quarter 2021 financial highlights

 

Capitalization levels are well above the current applicable regulatory requirements:

  • Capital Adequacy ratio: 14.2%

  • CET1 ratio: 13.0%

 

Adequate Liquidity profile was maintained in 2020:

  • Advances to Stable Funding ratio: 78.9%

  • Eligible Liquid Assets: 15.1%

  • Loan: Deposit ratio: 78.4%

 

Costs rationalization:

  • Reduction in Operating expenses by 6% YoY

 

Profitability:

  • Operating income: AED 132.3m

  • Net Income: AED 10.2m

 

Provision Charges: on a total portfolio basis, the bank continues to demonstrate significant improvement with a solid 66% reduction vs. Q1 2020 as the Bank focuses on its remediation efforts and recoveries.

 

  • NPL ratio: 12.2%

  • Provisions coverage ratio: 105.2%    

 Click here to review UAB full financial results.

 

TALK TO US TODAY

You can reach us using any of the following numbers

UAB Toll Free

800 474

International callers

+971 6 5987332

Sadara Toll Free

800 72 32 72

Sadara international

+971 6 5987333

welcome to UAB live
Please give us a few details and allow us to help you better
captcha