Sharjah Bank has reported that the results of the first three months of this first bank show an increase in net profit.

According to Amac News: According to the financial report of Sharjah Bank, it has made a profit of more than 80 million dirhams in the first three months of 2024.
According to Sharjah Bank, customer deposits increased by 26 billion dirhams (31 December 2023: 26.3 billion dirhams) and the loan-to-deposit ratio increased to 85.82%.
The bank reported strong capital with a regulatory capital adequacy ratio of 14.33% and regulatory Tier 1 and CET1 capital ratios of 13.14%.