Fujairah National Bank announced yesterday its results for the year ended December 31, 2025, in accordance with approval from the Central Bank. According to the results, the bank recorded its best net profit before tax at 1.3 billion dirhams, compared to 934.8 million dirhams in 2024, attributing this to a 41.7% annual growth. Fujairah National also achieved a record net profit after tax of 1.2 billion dirhams for the year, compared to 850.1 million dirhams in 2024, and the board of directors proposed distributing dividends of 42.8% of the net profit after tax in cash. The bank's total comprehensive income for the year reached 1.28 billion dirhams, an increase of 47.2% compared to 870.1 million dirhams in 2024. The bank also achieved its highest-ever operating profit of 1.9 billion dirhams, an increase of 15.5% compared to 1.62 billion dirhams in 2024. Fujairah National Bank recorded its highest-ever operating income of 2.7 billion dirhams, a 9.3% increase over 2024. Net interest income and net income from Islamic financing and investment activities grew by 5.7% to reach 1.89 billion dirhams, compared to 1.79 billion dirhams in 2024. In turn, net fee and commission income and other income increased by 18.8% to reach 537.9 million dirhams, compared to 452.7 million dirhams in 2024. Foreign exchange and derivatives revenues saw strong growth of 19.5% compared to 2024, reaching 226.1 million dirhams for the year ended December 31, 2025. The non-performing loan ratio improved to 3.95%, compared to 5.12% as of December 31, 2024, and the total coverage ratio increased to 139%, compared to 119.4% as of December 31, 2024. Customer deposits and Islamic customer deposits increased by 11.4% to reach 51 billion dirhams, compared to 45.8 billion dirhams at the end of 2024.
"We are pleased and proud that Fujairah National Bank has achieved record results by crossing the one billion dirham threshold for net profit for the first time in its 43-year history, with a noticeable improvement in all performance indicators," said Sheikh Salem bin Mohammed bin Hamad Al Sharqi, Chairman of the Board of Directors. "These results, in particular, confirm the bank's resilience and the effectiveness of strategies focused on long-term sustainable growth, as well as Fujairah National Bank's ability to continuously adapt to the changing environment and emerge stronger than ever."
In turn, Vice Chairman of the Board of Directors, Dr. Raja Issa Al Qarq, said: "Fujairah National Bank continues its series of record results for the third consecutive year in 2025. This achievement demonstrates the resilience of our core business, strong capital adequacy, a significant improvement in asset quality, and a continued focus on cost control and a well-diversified balance sheet."
