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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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Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw
November 1st, 2020 - 10:14 GMT

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

FAB Fully Digitises Account Opening Process for UAE SMEs
November 1st, 2020 - 09:33 GMT

FAB Fully Digitises Account Opening Process for UAE SMEs

First Abu Dhabi Bank Resumes Discussions to Acquire Lebanese Bank Audi in Egypt
November 1st, 2020 - 08:30 GMT

First Abu Dhabi Bank Resumes Discussions to Acquire Lebanese Bank Audi in Egypt

Dentons Advises Commercial Bank of Dubai on Its Issue of Additional Tier 1 Capital Securities
October 29th, 2020 - 07:29 GMT

Dentons Advises Commercial Bank of Dubai on Its Issue of Additional Tier 1 Capital Securities

Saudi Arabia: E-Payments Hits Record Figure
October 29th, 2020 - 06:00 GMT

Saudi Arabia: E-Payments Hits Record Figure

NBO Honours International Award-Winning Student on Omani Youth Day
October 28th, 2020 - 02:08 GMT

NBO Honours International Award-Winning Student on Omani Youth Day

UAE banks Raise Non-Residents' Provided Credit to $4.7 Billion
October 28th, 2020 - 11:30 GMT

UAE banks Raise Non-Residents' Provided Credit to $4.7 Billion

FAB Launches Super-Surprises AI Tool To Monetise Payments Data To Increase Sales and Drive New Footfall for Merchants
October 28th, 2020 - 09:44 GMT

FAB Launches Super-Surprises AI Tool To Monetise Payments Data To Increase Sales and Drive New Footfall for Merchants

H.e. Obaid Humaid Al Tayer Virtually Meets With Singapore’s Minister for Education and Second Minister for Finance
October 28th, 2020 - 09:36 GMT

H.e. Obaid Humaid Al Tayer Virtually Meets With Singapore’s Minister for Education and Second Minister for Finance

China Closer to Issue world's first National Digital Currency
October 28th, 2020 - 09:30 GMT

China Closer to Issue World's First National Digital Currency

Burgan Bank Closes During the Prophet’s Birthday Holiday
October 27th, 2020 - 12:03 GMT

Burgan Bank Closes During the Prophet’s Birthday Holiday

HSBC to Revamp Business Model As Q3's Revenues Drop 35 Percent
October 27th, 2020 - 12:00 GMT

HSBC to Revamp Business Model As Q3's Revenues Drop 35 Percent

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