Sharjah, (Urduupoint / Pakistan Point News / WAM-23rd July 2025) Bank of Sharjah has announced its financial results for the period ending on 30 June 2025. The first half of 2025, compared to AED171 million for the same period last year, represents a 57 percent year-ration increase.
Based on the quarter, the net profit Q2 increased to AED152 million in 2025, 31 percent investment in AED116 million posted in Q1 2025.
Extraordinary results for H1 2025 underline the bank’s strategic attention on permanent development. All major performance indicators performed significantly spectacular, with string controls from both funded and non-funded nurtured. This led to an increase of 55 percent in net interest and increased operational income by 51 percent.
The cost-to-age ratio improved 31 percent, supported by continuous commitment to the bank’s strict cost control. These results reflect the bank’s main power, operational efficiency, prudent risk management and ongoing efforts to increase the shareolder price.
The blunt sheet re -explains these results, with the bank’s strong capital mood also exposed, with 14 percent of the capital adequacy ratio and the Tier 1/capital ratio is about 13 percent.
Commenting on the bank’s results, the bank of Sharjah president Sheikh Mohammed bin Saud Al Qasimi said, “Bank of Sharjah has maintained a strong mortem in the first half of 2025, built on concrete results in the first quarter.
Our record shows net profit enhanced professional performance, operational efficiency and financial flexibility. These results are driven by stable balance sheet girls, a well -run -up trade mixture, improved operational capacity and a price approach for rush. ,
Referring to the bank’s confederation in the strategic direction of the bank, Sheikh Mohammed bin Saud al Qasimi said, “We are assured to give conservative risk management and corporate governance primarily sustainable, long -term returns.”
Bank of Sharjah CEO Mohammad Khadiri commented, “Our strategic change is going well, and our first-halformity reflects tangible progress that we are making all commercial lines. Successfully our child sheet, trapped customer relationships, and impregnated cross-celling capacitance, delivery, delivery, delivered, delivered deleting and diverting capacitance, delivered deleting Divor.
Looking forward, Khadiri further said, “Bank of Sharjah, prudent capital deployment and sound risk remains on sustainable, profitable girls through the government. Improvement in basic things, we are well posted to give consent returns to our shareholders that are contributing to the ongoing growth and incorporating the United Arab Emirates.”
