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Helped by an improvement of Dh66.6 million in investments designated as fair value through other comprehensive income (FVOCI), NBF’s total comprehensive income for the year was Dh790.4 million up 223.8 per cent compared to Dh244.1 million in 2022.
NBF additionally posted its highest ever operating profit of Dh1.6 billion, a rise of 28.1 per cent compared to Dh1.2 billion in 2022 underpinned by higher net interest income and net income from Islamic financing and investment activities and fee income.
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