FIN 425 Library or internet exercise, Assignment #1 for Wednesday, January 23 for 9:30 class for Thursday, January 24 for 8:00 and 1:30 classes Work with another classmate, or individually. Names in group: Find the most recently posted financial statements from a UAE bank. They are listed in the document on UAE banks under Instructors teaching materials on Blackboard. Each set of students will find a different bank. They are assigned on a first asked, first assigned basis. 1. My bank 2. The financial statement is for _(this is usually a period such as 3 quarter 2019, but it can be a specific date. 3. Return on assets in the last period was 4. Return on equity in the last period was 5. Return on deposits in the last period was 6. The net interest margin in the last period was 7. Were ROA and ROE above based on end of period asset and equity values, beginning, or an average of the two? You will have to calculate return on deposits as: net income/deposits. ROA and ROE should be presented in the annual report or in the financial statements Net interest margin can possibly be defined in more than one way and it is likely to be presented in the annual report If you must calculate it, use NIM = (total interest income-total interest expense)/total assets List of National Banks & Distribution of their branches in the UAE as at 6/30/2019 Name of the bank Mr. Raxa. Juaa raasan ramana Chico A Out Remarks TAD 87480 2PGADADubali, AIAin111 1102 7500 2 5BFHZADP3D.32AD) 0 10 607473AD.3Dubai 5 2 23F(SIDubai,"(2)Dubail 03 72FP3DURAT 104FTEDubai), "2Dubai) 63FIShil 36 12 Dubai 340 Shi Dubai 1 First Abu Dhabi Bank PJSC JAD 2 Abu Dhabi Commercial Bank P.J.S.C AD 2 21 3 Arab Bank for Inv. & Foreign Trade AD21 4 Union National Bank 5 Commercial Bank of Dubai PJ.S.C Dubai 6 Dubai Islamic Bank P.J.S.C Dubai 7 Emirates NBD Bank P.J.S.C Dubai 8 Emirates Islamic Bank P.J.S.C. Mashreg BankPS.C. 10lshariah islamic BankPJ.S.C. IShariahT 3 11IBankof ShariahPSC ISharjah 1 | 12|United Arab BankP.J.S.C. Sharjah 13 investBank PLC Sharjah | 14|National Bank of RAKP.J.S.C RAK 15 Commercial Bank International PLC Oubai1 16 National Bank of Fujairah PSC Fujairah 21 17National Bankof U.AOPSC U.A.O 21 18 Abu Dhabi Islamic Bank PJSC IAD351 19 Dual Bank Dubalo | 20Noor BankPUS.C 21 Al Hilal Bank PJ.S.C 22|Ajman Bank PJ.S.C Aman ITotal Gl SFlcomlencarnatioLBM.LINE 30-08-2019E 05-0---- ---- -------/-Jalapa- ---------------- 000-00------------ E-EFERamlalalalalalalelales 000- -00-000 37PORAR 16FPADY 111 28/2AAin,2sh TFuj,40,4ADJIPUAQ' 843Dubai, AD 1) 00. 16PDubait. 1013 RADI 1172Aman)- HAL EBU: Electronic Banking Service Unit 2 List of National Banks & Distribution of their branches in the UAE as at 6/30/2019 Hand AD DEN BURAK Aman UAG MAIN Toulo u red TAD 748 82FEAD. Dubai 1. AIAin1) 2 5AFZADP3D.32AD) 0 10 60 7473AD.3Dubai- 5 2 232 Dubai (2)Dubai 72FP3DURAT 104FTEDubai), "2Dubai) 63PIShil 3612 Dubai 340 Shi Dubai Name of the bank Omice 1 First Abu Dhabi Bank PJSC JAD 2 Abu Dhabi Commercial Bank P.J.S.C AD 2 21 3 Arab Bank for Inv. & Foreign Trade AD 21 4 Union National Bank 5 Commercial Bank of Dubai PJ.S.C Dubai 6 Dubai Islamic Bank P.J.S.C Dubai 7Emirates NBD BankP.J.S.C Dubai & Emirates Islamic Bank P.J.S.C. Mashreq Bank PSC 10lshariah islamic BankPJ.S.C. IShariahT 3 11IBankof ShariahPSC ISharjah 1 | 12|United Arab BankP.J.S.C. Sharjah 2 13 investBank PLC Sharjah | 14|National Bank of RAKP.J.S.C RAK 15 Commercial Bank International PLC 16 National Bank of Fujairah PSC Fujairah 21 17National Bank of U.AOPSC U.A.O 2 18 Abu Dhabi Islamic Bank PJSC AD1351 19 Dual Bank Dubalo | 20INoor BankPUS.C 21 Al Hilal Bank PJ.S.C 22|Ajman Bank PJS.C Aman Total Hal SFlcomlancarnatioLBM.LT 30-08-2019E E-EFORE-masalelalalalelales -000000000 000-0 37POORAR anololo 16FPADI 28/2AAin,2sh TFuj,40,4ADJPUAO' o4 843Dubai, AD 1) 00. 1 16PDubar1 1 13FAD) 2 1172Aman)- HAL "EBU: Electronic Banking Service Unit