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الشارقة 24
Source: الشارقة 24
1 Dayالشارقة 24
Source: الشارقة 24
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During the first nine months of 2026, Sharjah Bank achieved a net profit of 558 million dirhams, representing a 28.5% increase compared to the same period in 2025, driven by strong revenue growth and disciplined strategic implementation. The bank also recorded a 22.7% rise in net operating income, reaching approximately 851 million dirhams, while interest income increased by 39.5% to 717 million dirhams. Despite global challenges, the bank maintained a strong financial position, with total assets rising to 54.9 billion dirhams, a growth rate of 13.5%. Net loans grew to 37.7 billion dirhams, an increase of 24%, supported by continued cost management discipline and stable cost-to-income ratio at 28.8%.
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