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Corporate Deposits PDF Print E-mail
   

UFC’s Corporate Deposits is a secure investment option for the smart investor offering highly attractive returns.

We accept deposits in slabs of RO 10,000 or more for tenure of 12 months or more.

*Competitive interest rates offered on deposits.

A consistent performance and steady growth over the years has proved that UFC Corporate Deposits can only be a lucrative investment.

 


Proven Track Record
UFC was set up in 1997 and is listed in the Muscat Securities Market and Bahrain Stock Exchange. It was set into motion by 20 promoters, who contributed to over 60% of the issued capital.

Trusted by over 1000 shareholders, UFC was awarded the Oman Award for Excellence for Investment Project of the Year 2000. Today, UFC is the highest capitalised amongst NBFIs.

IPO Oversubscribed
UFC’s IPO in 1997 was oversubscribed 109 times, a record that has remained unsurpassed till date.

  

Successful Bonds Issue
UFC was the first NBFI to issue Convertible and Non-Convertible Debt Bonds to the general public in Oman and mobilised an aggregate of RO 6.7 million from the market. United finance was rated as the no 1 Finance company in Oman by Business today in their first ever ranking of finance companies.

Excellent Stock and Cash Dividends Record
UFC adopts a prudent policy of consistently rewarding its stakeholders through a balanced mix of cash and stock dividends. A good maturity profile also states that the company has the ability to pay on time.

Dividend Disbursement :

DividendYEAR
 2011201220132014
Cash10%8%6%7%
Stock-10%-13%

 

Two Successful Rights Issues
UFC has two successful Rights Issues, one in 2003 (15% Rights Issue) and the second in 2005 (50% Rights Issue) and third in 2008 (20% Rights). The 2008 issue mobilized RO 5,708,897 of fresh equity to augment growth and expansion plans.

Good Interest Coverage Ratio
UFC has an Interest Coverage Ratio of 1.32 as on December 2010.

Successful Private Placement IssuesIn 2004, UFC successfully completed a private placement of 1,121,937 equity shares at a premium of 600 baizas per share with Global Investment House, a leading investment bank in Kuwait.

Increase in Net Worth and Total Income
UFC’s Net Worth has increased from RO 37,442 million in 2013 to RO 40,753 million in 2014 and total income has increased from 11,559 million to 12,262 million.

Regulated by CBO and CMA
UFC is regulated by Central Bank of Oman and Capital Market Authority, Oman.

Company’s growth at a glance :

 Particulars

 

2012

RO Millions

2013

RO Millions

 2014

RO Millions

Total Assets

103,888

117,103

 119,159

Share Capital

25,001

27,501

27,501

Net worth

35,802

 37,442

40,753

Finance Debtors

97,941

112,466

114,709

Provision for Impairment

Nil

 Nil

Nil

Bank Borrowings

59,683

71,748

70,684

Bonds

Nil

 Nil

Nil

Gross Income

9,394

 11,559

12,262

Net Finance Income

6,318

7,871

8,509

Net Profit

3,397

 3,640

4,961

   

 

 
 
 
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