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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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NBO always strives to seek real ways to add value to customer’s lives while offering the most up-to-date and innovative financial services.
June 2nd, 2020 - 11:49 GMT

National Bank of Oman Goes the Extra Mile With 15% Cashback on Fuel

Economies That Prioritize Payment Digitization Best Placed for GDP Growth and Citizen Well-Being, Reveals MasterCard Report
June 2nd, 2020 - 11:06 GMT

Economies That Prioritize Payment Digitization Best Placed for GDP Growth and Citizen Well-Being, Reveals MasterCard Report

Saudi Arabia: Central Bank Injects Over $13 Billion to Enhance Sector's Liquidity
June 2nd, 2020 - 08:30 GMT

Saudi Arabia: Central Bank Injects Over $13 Billion to Enhance Sector's Liquidity

Standard Chartered Appoints New Head of Corporate Finance for Africa and the Middle East
June 2nd, 2020 - 05:29 GMT

Standard Chartered Appoints New Head of Corporate Finance for Africa and the Middle East

Bahrain Islamic Bank Takes the Lead as the First Bank in Bahrain to Obtain the Iso Certificate for Business Continuity Management System
June 1st, 2020 - 10:55 GMT

Bahrain Islamic Bank Takes the Lead as the First Bank in Bahrain to Obtain the Iso Certificate for Business Continuity Management System

8 Francophone Countries to Replace CFA Franc with New Currency
June 1st, 2020 - 08:00 GMT

8 Francophone Countries to Replace CFA Franc with New Currency

Send Money Abroad in Real Time With National Bank of Oman’s New Digital Remittance Service
May 31st, 2020 - 12:54 GMT

Send Money Abroad in Real Time With National Bank of Oman’s New Digital Remittance Service

Al Salam Bank Launches Its Virtual Branch  to Expand Banking Channels
May 31st, 2020 - 12:38 GMT

Al Salam Bank Launches Its Virtual Branch to Expand Banking Channels

S&P: Islamic Finance Can Help Minimize COVID-19 Aftermath
May 31st, 2020 - 11:00 GMT

S&P: Islamic Finance Can Help Minimize COVID-19 Aftermath

The COVID-19 Pandemic Is Having an Unprecedented Impact on Financial Markets Globally and Regionally
May 27th, 2020 - 07:10 GMT

The COVID-19 Pandemic Is Having an Unprecedented Impact on Financial Markets Globally and Regionally

UAE: DIFC Announces Gradual Reopening Plan
May 27th, 2020 - 07:00 GMT

UAE: DIFC Announces Gradual Reopening Plan

Bankruptcy Law 101: The Basics You Need to Know
May 22nd, 2020 - 12:00 GMT

Bankruptcy Law 101: The Basics You Need to Know

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