ABU DHABI: First Gulf Bank, one of the UAE’s biggest banks, thinks it can maintain profit growth of 6 percent in 2016, CEO Andre Sayegh said.

Net interest margins will improve this year with liquidity conditions, he said.

“From excess liquidity we are moving to reasonable liquidity now.”

For 2015, net profit was AED6.01 billion ($1.64 billion), up 6 percent from 2014.