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RAS AL KHAIMAH / GULF TIME
Across all products and services for our Corporate, SME, and Retail Clients. We remain open for business, supporting customers through short-term disruption while continuing to support their long-term ambitions.
All-time high quarterly profit after tax
Supported by industry leading net interest margin of 4.0% & CASA ratio of 65.6% and boosted by the gain on sale of the merchant acquiring business of d 473M.
Robust balance sheet growth with ample liquidity
Business momentum in Q1’26 was supported by double-digit YoY growth in assets and deposits. Total assets reached d 107.3B, up 18% YoY, while customer deposits increased to d 74.3B, up 22% YoY, with ELAR at 17.7% reinforcing the Bank’s strong liquidity position.
Resilient asset quality, prudent risk management and strong capital
Impaired loans ratio improved to 1.9% from 2.4% year‑on‑year, reflecting disciplined underwriting and supported by one of the highest provision coverage ratios sector-wide, at 277% as of Mar’26. Capital adequacy at 18.7%, well above regulatory requirement.
Outstanding returns
In Q1’26 shareholder returns improved further with return on common equity at 29.9%, up from 22.4% in Q1’25 and return on assets at 3.9%, up from 3.2% in Q1’25 – lifted by the strategic divestiture of the merchant acquiring business.