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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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GCC: Banks’ Profits to Plummet in 2020 Due to COVID-19, Low Oil Prices
July 7th, 2020 - 10:30 GMT

GCC: Banks’ Profits to Plummet in 2020 Due to COVID-19, Low Oil Prices

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw
July 7th, 2020 - 09:50 GMT

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw

Asia: Stock Markets Hike As Investors Look for Reassuring Data
July 6th, 2020 - 11:00 GMT

Asia: Stock Markets Hike As Investors Look for Reassuring Data

National Bank of Oman Hosts Virtual Event With Goldman Sachs to Discuss Plans for Gcc Post-COVID Economies
July 5th, 2020 - 11:04 GMT

National Bank of Oman Hosts Virtual Event With Goldman Sachs to Discuss Plans for GCC Post-COVID Economies

Indonesia Issues $2.5 Billion Worth of Sukuk In Nasdaq Dubai
July 2nd, 2020 - 08:00 GMT

Indonesia Issues $2.5 Billion Worth of Sukuk In Nasdaq Dubai

CrediMax and Talabat Launch Its “Use and Win” Campaign Powered by Visa
July 2nd, 2020 - 05:00 GMT

CrediMax and Talabat Launch Its “Use and Win” Campaign Powered by Visa

Bank ABC’s Ratings Affirmed at 'BBB-/A-3'  by Standard & Poor’s, With a Stable Outlook
July 1st, 2020 - 08:13 GMT

Bank ABC’s Ratings Affirmed at 'BBB-/A-3' by Standard & Poor’s, With a Stable Outlook

Credimax and Talabat Launch Its “Use and Win” Campaign Powered by Visa
June 30th, 2020 - 11:56 GMT

Credimax and Talabat Launch Its “Use and Win” Campaign Powered by Visa

Burgan Bank Enhances E-Learning Through Its Learning & Development Online Portal
June 30th, 2020 - 11:12 GMT

Burgan Bank Enhances E-Learning Through Its Learning & Development Online Portal

Pakistan: Rupee Recovers After Falling to Near All-Time Low
June 30th, 2020 - 06:00 GMT

Pakistan: Rupee Recovers After Falling to Near All-Time Low

Burgan Bank Announces the New Winner of the Kd 125,000 Cash Prize in the Yawmi Quarterly Draw
June 29th, 2020 - 11:49 GMT

Burgan Bank Announces the New Winner of the Kd 125,000 Cash Prize in the Yawmi Quarterly Draw

Transfast, Habib Bank Team up for Facilitating Remittances to Pakistan
June 29th, 2020 - 10:30 GMT

Transfast, Habib Bank Team up for Facilitating Remittances to Pakistan

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