{
Bank of Sharjah PJSC

Companies

}
001122334455554433221100
001122334455554433221100

bank of sharjah reports significant profit growth and increased customer deposits

Bank of Sharjah reported a net profit of Dh385 million for 2024, with operating income nearly tripling to Dh727 million. Customer deposits grew by 13% to Dh29.7 billion, while total assets increased by 10.4% to Dh43.6 billion, driven by loan growth and an expanded investment portfolio. Effective cost-control measures led to a 23.8% reduction in operating expenses, significantly improving the cost-income ratio to 36.6%.
Finance Middle East
United Arab Emirates Dirham Bank of Sharjah PJSC ARE Show more
Finance & Economy, Market Report
06:32 17.03.2025
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