The National Bank of Fujairah has announced record financial results for the third consecutive year, surpassing a net profit of AED 1.2 billion for the first time in its history. This achievement highlights the strength of its operational performance and the robustness of its strategy.
This announcement was made during the bank’s annual general meeting held at the DoubleTree by Hilton, where shareholders approved the annual reports and consolidated financial statements for the year ending December 31, 2025, along with the report from the Internal Sharia Supervisory Committee of “NBF Islamic”.
Shareholders also agreed to a cash dividend distribution of 20% of the paid-up capital, totaling AED 516.1 million, reaffirming the bank’s commitment to delivering attractive returns to its shareholders.
The meeting additionally sanctioned the appointment of PricewaterhouseCoopers as the external auditor for 2026 and elected a new board of directors for a three-year term, including the election of two independent non-executive members, enhancing governance and transparency standards.
In a move that underscores the bank’s intent to strengthen its capital base and support its expansion plans, shareholders approved the issuance of additional Tier 1 securities valued at USD 350 million (AED 1.286 billion), granting the board the authority to determine the offering details pending regulatory approvals. The modification of the Articles of Association and the incorporation documents was also approved in accordance with applicable laws.
Sheikh Saleh bin Mohammed bin Hamad Al Sharqi, Chairman of the Board, stated that the 2025 results reflect exceptional growth and strategic discipline despite global challenges, noting that the bank continues to build a banking institution founded on trust and innovation.
Dr. Raja Eisa Al Gurg, Vice Chairperson of the bank, emphasized that the bank has achieved another year of record accomplishments, expressing confidence in its ability to sustain growth and deliver stronger returns in the upcoming period.