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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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H.E. Obaid Humaid Al Tayer meets with US Treasury Secretary Steven Mnuchin
October 20th, 2020 - 06:24 GMT

H.E. Obaid Humaid Al Tayer meets with US Treasury Secretary Steven Mnuchin

Sharjah Islamic Bank Launches the Joud Card in Cooperation With the Sharjah Charity International
October 20th, 2020 - 05:52 GMT

Sharjah Islamic Bank Launches the Joud Card in Cooperation With the Sharjah Charity International

UAE: CBD,NOW Money Partner on a Project Focused on Low-Income Customers
October 19th, 2020 - 10:00 GMT

UAE: CBD,NOW Money Partner on a Project Focused on Low-Income Customers

Crypto News Recap: Bitcoin Rising Steadily As Bulls Eye $12,000
October 19th, 2020 - 06:15 GMT

Crypto News Recap: Bitcoin Rising Steadily As Bulls Eye $12,000

Nbo Continues To Drive Digitization Strategy With Card Payment Terminals at Airport Vending Machines
October 18th, 2020 - 11:49 GMT

Nbo Continues To Drive Digitization Strategy With Card Payment Terminals at Airport Vending Machines

Burgan Bank announces names of the daily lucky winners of Yawmi account draw
October 18th, 2020 - 10:59 GMT

Burgan Bank announces names of the daily lucky winners of Yawmi account draw

S&P Projects Further Decline in GCC Banks' Profitability
October 18th, 2020 - 07:00 GMT

S&P Projects Further Decline in GCC Banks' Profitability

Mastercard and amazon.AE Sign Strategic Partnership To Give Consumers Exclusive Access To Value-Added Benefits
October 15th, 2020 - 11:36 GMT

Mastercard and amazon.AE Sign Strategic Partnership To Give Consumers Exclusive Access To Value-Added Benefits

Abu Dhabi Exchange Launches Covered Short Selling
October 15th, 2020 - 07:30 GMT

Abu Dhabi Exchange Launches Covered Short Selling

Burgan Bank Sponsors the Mental Health Initiative ‘Their Life Is Valuable’
October 15th, 2020 - 05:15 GMT

Burgan Bank Sponsors the Mental Health Initiative ‘Their Life Is Valuable’

Iran, Iraq Ink Agreement to Unlock Iranian Funds In Baghdad
October 14th, 2020 - 12:00 GMT

Iran, Iraq Ink Agreement to Unlock Iranian Funds In Baghdad

FAB Launches Digital Marketplace Through Payit To Support Retailers, SMEs and Local Businesses in Moving Online
October 14th, 2020 - 11:17 GMT

FAB Launches Digital Marketplace Through Payit To Support Retailers, SMEs and Local Businesses in Moving Online

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