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Banking and Finance

Banking and Finance latest

Invest Bank delivers AED 102 million profit before tax for 9M-2025, driven by solid income growth and robust balance sheet performance
November 10th, 2025 - 08:55 GMT

Invest Bank delivers AED 102 million profit before tax for 9M-2025, driven by solid income growth and robust balance sheet performance

Invest Bank today announced its financial results for the nine-month period ended September 30, 2025, reporting a profit before tax of AED 102M, reflecting continued momentum across income streams, balance sheet expansion, and strong recoveries. Key Financial Highlights • Total assets at AED 13.4 Bn (+24% YTD). • Net loans and advances at AED 6.6Bn (+46% YTD). • Customer Deposits at AED 11.1Bn (+28% YTD), with a CASA ratio of 29.4% (FY’24 : 26.6%). • Operating Income of AED 251.4Mn (+21% YoY), equally contributed by growth in core Net Interest ...
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Emirates NBD Strengthens Customer Intelligence with SAS
November 8th, 2020 - 10:39 GMT

Emirates NBD Strengthens Customer Intelligence with SAS

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw
November 8th, 2020 - 10:26 GMT

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw

Kuwait: Boursa Passive Flows Projected to Hit $2.9 Billion
November 8th, 2020 - 09:30 GMT

Kuwait: Boursa Passive Flows Projected to Hit $2.9 Billion

UAE: FinTech Ripple Establishes Regional HQ in DIFC
November 8th, 2020 - 09:00 GMT

UAE: FinTech Ripple Establishes Regional HQ in DIFC

Tukrey: Erdogan Lays Off Central Bank Governor
November 8th, 2020 - 08:00 GMT

Tukrey: Erdogan Lays Off Central Bank Governor

NBO Celebrates Major Award Win for Contact Center Head Shamsa Al Habsi
November 8th, 2020 - 06:25 GMT

NBO Celebrates Major Award Win for Contact Center Head Shamsa Al Habsi

The International Islamic Trade Finance Corporation Launches Four-Part Documentary Series on West African Cotton Sector
November 5th, 2020 - 11:59 GMT

The International Islamic Trade Finance Corporation Launches Four-Part Documentary Series on West African Cotton Sector

Turkish Stock Market Up at Thursday Open
November 5th, 2020 - 11:30 GMT

Turkish Stock Market Up at Thursday Open

Asian Stocks Mixed as US presidential Election Results Streamed in
November 4th, 2020 - 02:00 GMT

Asian Stocks Mixed as US presidential Election Results Streamed in

US Stock Markets Post Best Election Day Rally Since 2008
November 4th, 2020 - 12:30 GMT

US Stock Markets Post Best Election Day Rally Since 2008

Burgan Bank Donates Toys to the Kuwait Association for Care of Children in Hospital KACCH And Bayt Abdullah Children’s Hospice BACCH
November 4th, 2020 - 12:13 GMT

Burgan Bank Donates Toys to the Kuwait Association for Care of Children in Hospital KACCH And Bayt Abdullah Children’s Hospice BACCH

Egypt, Italy to Discuss Phase 3 of Debt Swap Program
November 4th, 2020 - 10:00 GMT

Egypt, Italy to Discuss Phase 3 of Debt Swap Program

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