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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 Increases the Financial Rewards Given to Its Frontline Medical Workforce Customers to a Total Value of Bd57,000
June 29th, 2020 - 09:55 GMT

BisB Increases the Financial Rewards Given to Its Frontline Medical Workforce Customers to a Total Value of Bd57,000

Careem and Visa Sign Landmark Partnership to Accelerate Cashless Payments and Digital Financial Inclusion Across Middle East and North Africa Region
June 28th, 2020 - 10:45 GMT

Careem and Visa Sign Landmark Partnership to Accelerate Cashless Payments and Digital Financial Inclusion Across Middle East and North Africa Region

Burgan Bank Launched Its Whatsapp Service on 1804080
June 28th, 2020 - 05:35 GMT

Burgan Bank Launched Its Whatsapp Service on 1804080

Saudi Arabia: Banking Sector Braces for Major Merger Deal
June 27th, 2020 - 12:00 GMT

Saudi Arabia: Banking Sector Braces for Major Merger Deal

UAE: Hub71 Collaborates with 2 Banks to Identify Banking Pain Points for Startups
June 25th, 2020 - 12:00 GMT

UAE: Hub71 Collaborates with 2 Banks to Identify Banking Pain Points for Startups

Lebanon: Parliament Chief Calls for Announcing ‘Financial State of Emergency’
June 25th, 2020 - 11:00 GMT

Lebanon: Parliament Chief Calls for Announcing ‘Financial State of Emergency’

Ajman Bank Rolls Out More Rewards Program  in Partnership With ICC Loyalty
June 25th, 2020 - 06:14 GMT

Ajman Bank Rolls Out More Rewards Program in Partnership With ICC Loyalty

IMF: Global Recession is Far Worse than Expected
June 24th, 2020 - 11:30 GMT

IMF: Global Recession is Far Worse than Expected

Oman Launches New Loan Program for Businesses Hit by Pandemic
June 24th, 2020 - 09:30 GMT

Oman Launches New Loan Program for Businesses Hit by Pandemic

FAB Launches FAB eSign Technology for Secure Digital Signatures on Client Documents
June 24th, 2020 - 08:02 GMT

FAB Launches FAB eSign Technology for Secure Digital Signatures on Client Documents

Al Salam Bank-Bahrain Tops Key Performance Indicator Rankings for GCC Banking Sector
June 24th, 2020 - 06:52 GMT

Al Salam Bank-Bahrain Tops Key Performance Indicator Rankings for GCC Banking Sector

Warba Bank Digitizes Online Banking and Enhances Customer Experience with Nutanix
June 23rd, 2020 - 10:16 GMT

Warba Bank Digitizes Online Banking and Enhances Customer Experience with Nutanix

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