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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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BisB Implements Additional Health & Safety Measures During COVID-19
July 19th, 2020 - 08:44 GMT

BisB Implements Additional Health & Safety Measures During COVID-19

US Companies Award Execs with Bonuses Before Filing for Bankruptcy
July 19th, 2020 - 08:00 GMT

US Companies Award Execs with Bonuses Before Filing for Bankruptcy

IMF: This is Not the Right Time to Impose New Taxes in GCC
July 19th, 2020 - 06:30 GMT

IMF: This is Not the Right Time to Impose New Taxes in GCC

EU: ECB On Hold As It Looks Forward to Fiscal Action from Governments
July 16th, 2020 - 10:30 GMT

EU: ECB On Hold As It Looks Forward to Fiscal Action from Governments

National Bank of Bahrain Awarded ‘the Middle East’s Best Bank Transformation’ by Euromoney Awards for Excellence 2020
July 16th, 2020 - 10:02 GMT

National Bank of Bahrain Awarded ‘the Middle East’s Best Bank Transformation’ by Euromoney Awards for Excellence 2020

National Bank of Oman Appoints Abdulla Zahran Al Hinai as CEO
July 16th, 2020 - 08:58 GMT

National Bank of Oman Appoints Abdulla Zahran Al Hinai as CEO

Bank ABC appoints Sedjwick Joseph  as its new Group Chief Credit and Risk
July 16th, 2020 - 05:54 GMT

Bank ABC appoints Sedjwick Joseph as its new Group Chief Credit and Risk

Affluent and HNW Investor in the UAE Are Keen on Green and Sustainable Investments Amidst COVID-19
July 15th, 2020 - 09:45 GMT

Affluent and HNW Investor in the UAE Are Keen on Green and Sustainable Investments Amidst COVID-19

Saudi Arabia to Launch Derivatives Market, Index Futures in August 30
July 15th, 2020 - 09:30 GMT

Saudi Arabia to Launch Derivatives Market, Index Futures in August 30

FAB Receives Three Accolades at Euromoney Awards for Excellence 2020
July 15th, 2020 - 07:32 GMT

FAB Receives Three Accolades at Euromoney Awards for Excellence 2020

Pakistan Receives Over $23 Billion Remittances
July 15th, 2020 - 06:00 GMT

Pakistan Receives Over $23 Billion Remittances

How Will FinTech Firms Influence the Payment Future?
July 14th, 2020 - 08:30 GMT

This is How FinTech Firms Will Influence the Payment Future

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