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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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TIJO THOMAS MANADAN Wins KD 4000 in Burgan Bank’s Value Account Draw
July 13th, 2020 - 11:48 GMT

TIJO THOMAS MANADAN Wins KD 4000 in Burgan Bank’s Value Account Draw

KPMG Publication: Companies Are Enduring Challenges in Meeting Their Debt Obligations During the Current Turbulent Times
July 13th, 2020 - 06:04 GMT

KPMG Publication: Companies Are Enduring Challenges in Meeting Their Debt Obligations During the Current Turbulent Times

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw
July 12th, 2020 - 11:16 GMT

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

Abu Dhabi Fund Suspends Debt Repayment for Beneficiary Countries and Companies
July 12th, 2020 - 08:32 GMT

Abu Dhabi Fund Suspends Debt Repayment for Beneficiary Countries and Companies

MasterCard’s Online Remittance Solutions Supporting Remitters, in Response to COVID-19
July 12th, 2020 - 08:13 GMT

MasterCard’s Online Remittance Solutions Supporting Remitters, in Response to COVID-19

American Express, Discover, Mastercard and Visa to Power Global Expansion  of Simple, Consistent Digital Checkout Experience
July 9th, 2020 - 05:55 GMT

American Express, Discover, Mastercard and Visa to Power Global Expansion of Simple, Consistent Digital Checkout Experience

Al Salam Bank-Bahrain Announces its Virtual Internship Programme
July 9th, 2020 - 05:21 GMT

Al Salam Bank-Bahrain Announces its Virtual Internship Programme

Click to Pay with Visa Launches in Middle East to Transform the Online Checkout Experience for Merchants and Consumers
July 9th, 2020 - 05:17 GMT

Click to Pay with Visa Launches in Middle East to Transform the Online Checkout Experience for Merchants and Consumers

Deutsche Bank to Sign Multi-Year Contract with Google
July 8th, 2020 - 11:30 GMT

Deutsche Bank to Sign Multi-Year Contract with Google

FAB Partners With Mohre to Deliver a Unified Payment Solution for UAE Domestic Workers Fully Integrated With Payit
July 8th, 2020 - 09:58 GMT

FAB Partners With Mohre to Deliver a Unified Payment Solution for UAE Domestic Workers Fully Integrated With Payit

Islamic Development Bank Group to Respond to COVID-19 With USD 2.3 Billion Package and to Launch Three Supportive and Robust Initiatives in Partnership With UAE Ministry of Economy and Annual Investment Meeting (Aim)
July 8th, 2020 - 09:16 GMT

Islamic Development Bank Group to Respond to COVID-19 With USD 2.3 Billion Package and to Launch Three Supportive and Robust Initiatives in Partnership With UAE Ministry of Economy and Annual Investment Meeting

Stc Pay Enters Into a Strategic Partnership With Visa to Launch Customer-Centric Digital Payment Solutions
July 7th, 2020 - 12:20 GMT

Stc Pay Enters Into a Strategic Partnership With Visa to Launch Customer-Centric Digital Payment Solutions

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