First National Bank Launched a fund, on the 7th of October 2015, named “First National Dollar Fund“, Authorized by MidClear. The fund will be mainly a mixture of investment in fixed income securities denominated in Dollars and preferred shares. Returns may vary between the range of 5.50% and 5.75% net of fess, commission and taxes. Worth mentioning that the minimum subscription is $10,000 per investor.
NFB Financial Highlights
| Dec 31, 2014 | March 31, 2015 | |
| Total Assets ($B) | 3.93 | 3.81 |
| Customer s’ Deposits and credit Accounts ($B) | 3.24 | 3.09 |
| Total Equity ($M) | 266.18 | 274.21 |
| Net Profit ($B) | 6.26 | 7.54 |
| *On March 31, 2014 |
Source: Bank’s Website