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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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IBM and Bank of America Advance IBM Cloud for Financial Services, BNP Paribas Joins as Anchor Client in Europe
July 23rd, 2020 - 06:34 GMT

IBM and Bank of America Advance IBM Cloud for Financial Services, BNP Paribas Joins as Anchor Client in Europe

National Bank of Oman’s Badeel Prepaid Card Makes the Perfect Eidiya
July 22nd, 2020 - 11:44 GMT

National Bank of Oman’s Badeel Prepaid Card Makes the Perfect Eidiya

Emirates NBD: First Bank in Saudi Arabia to Offer Buy 1 Get 1 Free Movie Tickets at Vox Cinemas
July 22nd, 2020 - 07:13 GMT

Emirates NBD: First Bank in Saudi Arabia to Offer Buy 1 Get 1 Free Movie Tickets at Vox Cinemas

Dubai Islamic Bank First Half 2020 Group Financial Results
July 22nd, 2020 - 06:57 GMT

Dubai Islamic Bank First Half 2020 Group Financial Results

Al Salam Bank Partners With Bahrain Bourse and Central Bank of Bahrain on New Shari’A-Compliant Asset-Trading Framework
July 22nd, 2020 - 05:11 GMT

Al Salam Bank Partners With Bahrain Bourse and Central Bank of Bahrain on New Shari’A-Compliant Asset-Trading Framework

Lebanon: Court Orders Freeze on Bank Governor’ Assets
July 21st, 2020 - 06:00 GMT

Lebanon: Court Orders Freeze on Bank Governor’ Assets

Mastercard Accelerates Crypto Card Partner Program, Making It Easier for Consumers to Hold and Activate Cryptocurrencies
July 21st, 2020 - 05:30 GMT

MasterCard Accelerates Crypto Card Partner Program, Making It Easier for Consumers to Hold and Activate Cryptocurrencies

National Bank of Oman Continues to Spread Joy, Giving Away Omr 565,000 in the Al Kanz June Mega Draw
July 20th, 2020 - 11:29 GMT

National Bank of Oman Continues to Spread Joy, Giving Away Omr 565,000 in the Al Kanz June Mega Draw

Burgan Bank Introduces Tijarati to Support Local Businesses
July 20th, 2020 - 09:29 GMT

Burgan Bank Introduces Tijarati to Support Local Businesses

Crypto News Recap: Asia Takes The Lead by Embracing CBDC, Bitcoin Scammers Steal $120,000 in a Twitter Massive Hack
July 20th, 2020 - 09:00 GMT

Crypto News Recap: Twitter Biggest Hack, Asia Embraces CBDC

India: Sensex, Nifty Kicks Off the Week on Positive Note
July 19th, 2020 - 09:30 GMT

India: Sensex, Nifty Kicks Off the Week on Positive Note

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw
July 19th, 2020 - 10:10 GMT

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

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