19 Hrs
Source:
اقتصاد سكاي نيوز عربية
Sharakah Bank reports 558M dirhams profit in 9 months
Sharjah Bank achieved a net profit of 558 million AED during the first nine months of 2026, a 28.5% increase compared to the same period last year, driven by strong revenue growth and disciplined execution. The net operating income rose by 22.7% to reach 851 million AED, and interest income increased by 39.5% to 717 million AED. Additionally, the capital adequacy ratio climbed to 18.9%, and total assets reached 54.9 billion AED, up 13.5%. The bank’s net loans and advances grew to 37.7 billion AED, while customer deposits increased to 34 billion AED.
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