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


Q12023 Highlights

  • 80% increase in Q1 2023 Net Profit compared to Q1 2022
  • Net Interest income increased by 38% compared to prior year
  • Total Income improving by 5% (YoY)
  • Provisions reduced by 91% in Q1 2023 compared to Q1 2022
  • Successful issuance of AT1 Capital Instrument of USD 150 million in Q1 2023
  • Capital Adequacy Ratio (CAR) at 19.3% and Tier 1 Ratio at 18.1%
  • NPL ratio down from 11.4% in Q1 2022 to 7.8% in Q1 2023
  • Coverage ratio improving from 70% in Q1 2022 to 102% in Q1 2023

Robust liquidity profile is demonstrated by an advances to stable resources ratio of 80% and an eligible liquid asset ratio of 21% well above the regulatory thresholds.


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