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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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Standard Chartered and HKTDC Launch "Standard Chartered GBA Business Confidence Index"
June 23rd, 2020 - 05:43 GMT

Standard Chartered and HKTDC Launch "Standard Chartered GBA Business Confidence Index"

UAE Among Top 20 in Global Key FDI Confidence Index
June 22nd, 2020 - 12:30 GMT

UAE Among Top 20 in Global Key FDI Confidence Index

National Bank of Oman Wins Highly Acclaimed ‘Best Private Bank, Middle East’ Award From the Global Private Banking Innovation Awards 2020
June 22nd, 2020 - 10:49 GMT

National Bank of Oman Wins Highly Acclaimed ‘Best Private Bank, Middle East’ Award From the Global Private Banking Innovation Awards 2020

Lebanon: Who Benefited from Pumping the USD Dollars?
June 22nd, 2020 - 07:30 GMT

Lebanon: Who Benefited from Pumping the USD Dollars?

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw
June 22nd, 2020 - 07:04 GMT

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

Wall Street Slips Again As Uncertainty Remains the Dominant Force
June 21st, 2020 - 12:00 GMT

Wall Street Slips Again As Uncertainty Remains the Dominant Force

Private equity valuation
June 21st, 2020 - 11:05 GMT

KPMG Publication: The COVID-19 Pandemic Brings New Set of Considerations to Private Equity Valuation

Tokenization adoption continues to scale globally, eliminating the need to manually update card credentials and increasing peace of mind at checkout
June 21st, 2020 - 09:29 GMT

Mastercard Powers Faster, Seamless Online Shopping Experiences for Amazon Customers

Burgan Bank Launches New Appointment Booking Service
June 21st, 2020 - 07:54 GMT

Burgan Bank Launches New Appointment Booking Service

Asian Currencies Might Under-Perform Against USD in Q3 of 2020
June 20th, 2020 - 09:30 GMT

Asian Currencies Might Under-Perform Against USD in Q3 of 2020

Saudi Arabia: Mortgages Projected to Grow 40 Percent In 2020
June 18th, 2020 - 10:00 GMT

Saudi Arabia: Mortgages Projected to Grow 40 Percent In 2020

Survey: Mobile Banking Top Fintech Adopted by Islamic Banks
June 18th, 2020 - 07:30 GMT

Survey: Mobile Banking Top Fintech Adopted by Islamic Banks

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