United Arab Bank operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares United Arab Bank with three other
companies in this sector in United Arab Emirates:
Commercial Bank International
sales of 1.32 billion Arab Emirates Dirhams [US$358.56 million]
of which 40%
was Banking Activities),
National Bank of Umm Al Qaiwain
(756.35 million Arab Emirates Dirhams [US$205.92 million]
of which 64%
was Reatil & Corporate Banking), and
(1.04 billion Arab Emirates Dirhams [US$283.71 million]
During the year ended December of 2018, sales at
United Arab Bank were 1.11 billion Arab Emirates Dirhams (US$301.37 million).
increase of 5.7%
versus 2017, when the company's sales were 1.05 billion Arab Emirates Dirhams.
Despite this increase, sales are still
below the level achieved in 2016, when United Arab Bank
reported sales of 1.19 billion Arab Emirates Dirhams.
The sales level in 2018 was fairly close to the level five years ago: in 2013, United Arab Bank had sales
of 1.21 billion Arab Emirates Dirhams.
Sales of Treasury saw an increase
that was more than double the company's growth rate: sales were up
31.1% in 2018, from
57.31 million Arab Emirates Dirhams to 75.13 million Arab Emirates Dirhams.
United Arab Bank also saw significant increases in sales in
Corporate Banking (up 9.1% to 295.95 million Arab Emirates Dirhams)
Not all segments of United Arab Bank experienced an increase in sales in 2018:
sales of Other fell 63.0% to 17.62 million Arab Emirates Dirhams.
(However, this segment's sales were only a very small portion of the company's overall sales).
United Arab Bank also experienced decreases in sales in
Retail Banking (down 12.1% to 99.53 million Arab Emirates Dirhams)