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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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Saudi Banks Ink Deal to Help Boost Kingdom's Exports
November 4th, 2020 - 09:30 GMT

Saudi Banks Ink Deal to Help Boost Kingdom's Exports

FAB Partners With Visa on Innovative Mobile Acceptance Solution
November 4th, 2020 - 07:19 GMT

FAB Partners With Visa on Innovative Mobile Acceptance Solution

Cyber SecureTM advances first set of integrated cyber capabilities for banks & their businesses
November 4th, 2020 - 07:05 GMT

MasterCard Launches AI-Powered Solution To Protect the Digital Ecosystem

National Bank of Oman Launches Whatsapp Service for Customer Queries
November 4th, 2020 - 06:51 GMT

National Bank of Oman Launches Whatsapp Service for Customer Queries

Mastercard Launches AI-Powered Solution To Protect the Digital Ecosystem
November 3rd, 2020 - 10:36 GMT

Mastercard Launches AI-Powered Solution To Protect the Digital Ecosystem

Nasdaq Dubai Lists $600 Million Sukuk Issued by ICD
November 2nd, 2020 - 02:00 GMT

Nasdaq Dubai Lists $600 Million Sukuk Issued by ICD

FAB Announces Plans To Expand Payments Business
November 2nd, 2020 - 01:35 GMT

FAB Announces Plans To Expand Payments Business

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw
November 2nd, 2020 - 11:09 GMT

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw

Crypto News Recap: Huawei to Integrate Crypto Wallet into New Mate 40 Series Phones
November 2nd, 2020 - 07:30 GMT

Crypto News Recap: Huawei to Integrate Crypto Wallet into New Mate 40 Series Phones

Al Salam Bank Partners With Talabat To Offer Its Cardholders Valuable Cash Prizes
November 1st, 2020 - 12:27 GMT

Al Salam Bank Partners With Talabat To Offer Its Cardholders Valuable Cash Prizes

How to Deal with Bounced Cheques in UAE
November 1st, 2020 - 11:30 GMT

How to Deal with Bounced Cheques in UAE

NBO Hosts Virtual Event With Principal Global Investors To Discuss Economic Impact of Us Elections
November 1st, 2020 - 11:22 GMT

NBO Hosts Virtual Event With Principal Global Investors To Discuss Economic Impact of Us Elections

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