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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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India Might Lose its Title of the World's Highest Recipient of Remittances
October 27th, 2020 - 09:30 GMT

India Might Lose its Title of the World's Highest Recipient of Remittances

Third Quarter 2020 Group Net Profit of  Dh2.5 Billion, up 4% quarter-on-quarter
October 27th, 2020 - 06:17 GMT

Third Quarter 2020 Group Net Profit of Dh2.5 Billion, up 4% quarter-on-quarter

Turkish Lira Hits Another Record Low over Geopolitical Concerns
October 27th, 2020 - 06:00 GMT

Turkish Lira Hits Another Record Low over Geopolitical Concerns

Bank of Israel Won't Change Lending Rate
October 26th, 2020 - 09:00 GMT

Bank of Israel Won't Change Lending Rate

Crypto News Recap: Bitcoin Back at $13K As PayPal Embraces Cryptocurrencies
October 26th, 2020 - 06:30 GMT

Crypto News Recap: Bitcoin Back at $13K As PayPal Embraces Cryptocurrencies

BisB Supports AAOIFI’s 18th Annual Shari’Ah Boards Conference as a Silver Sponsor
October 26th, 2020 - 05:24 GMT

BisB Supports AAOIFI’s 18th Annual Shari’Ah Boards Conference as a Silver Sponsor

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Drawa
October 25th, 2020 - 12:02 GMT

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

Largest Commercial Bank in Russia to Open Office in Abu Dhabi
October 25th, 2020 - 09:30 GMT

Largest Commercial Bank in Russia to Open Office in Abu Dhabi

Standard Chartered Named Best Renminbi Bank in the UAE for the Second Consecutive Year
October 25th, 2020 - 09:10 GMT

Standard Chartered Named Best Renminbi Bank in the UAE for the Second Consecutive Year

Saudi Arabia to Issue SR20 Banknote Marking G20 Presidency
October 25th, 2020 - 08:30 GMT

Saudi Arabia to Issue SR20 Banknote Marking G20 Presidency

BisB Embarks on a Strategic Partnership  With the CBB To Launch CBB Digital Lab Finhub 973”
October 25th, 2020 - 05:33 GMT

BisB Embarks on a Strategic Partnership With the CBB To Launch CBB Digital Lab Finhub 973

Bahrain Bourse to Empower Women with New Initiatives
October 24th, 2020 - 01:00 GMT

Bahrain Bourse to Empower Women with New Initiatives

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