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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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National Bank of Oman’s Online Conference Examines Economic Impacts of COVID-19
May 20th, 2020 - 09:09 GMT

National Bank of Oman’s Online Conference Examines Economic Impacts of COVID-19

UAE: Central Bank's Assets up 1.6 Percent in April
May 20th, 2020 - 07:30 GMT

UAE: Central Bank's Assets up 1.6 Percent in April

ENBD REIT Announces Rent Relief Measures to Help Tenants  Overcome Impact of COVID-19
May 20th, 2020 - 06:42 GMT

ENBD REIT Announces Rent Relief Measures to Help Tenants Overcome Impact of COVID-19

Lebanon: Central Bank Official Arrested Over Currency Manipulation Charges
May 19th, 2020 - 09:00 GMT

Lebanon: Central Bank Official Arrested Over Currency Manipulation Charges

Maximizes technology, partnerships to deliver aid, insights and access to businesses and communities
May 19th, 2020 - 07:27 GMT

Mastercard Builds on COVID-19 Response with Commitment to Connect 1 Billion People, 50 Million Small Businesses, 25 Million Women Entrepreneurs to the Digital Economy by 2025

National Bank of Oman Ends 2019 With Solid Financial Results
May 19th, 2020 - 06:43 GMT

National Bank of Oman Ends 2019 With Solid Financial Results

Turkey: Private Sector's Foreign Loans Decline Compared to Last Year
May 18th, 2020 - 09:30 GMT

Turkey: Private Sector's Foreign Loans Decline Compared to Last Year

Alert Android Users: This Mobile Banking Malware Can Steal Your Money
May 18th, 2020 - 08:00 GMT

Alert Android Users: This Mobile Banking Malware Can Steal Your Money

Mastercard Partners With hUB71 to Accelerate Innovation in the FinTech Startup Community in the UAE
May 17th, 2020 - 09:06 GMT

Mastercard Partners With Hub71 to Accelerate Innovation in the FinTech Startup Community in the UAE

BisB Encourages Customers to Utilise its Digital Platforms
May 17th, 2020 - 07:51 GMT

Bahrain Islamic Bank Encourages Customers to Utilise Its Digital Platforms

National Bank of Oman Recognised by Wells Fargo for Payments Excellence
May 17th, 2020 - 07:16 GMT

National Bank of Oman Recognised by Wells Fargo for Payments Excellence

KPMG in Bahrain Launches KPMG Enara, the End-To-End Robotics Based Solution for Bahrain to Address Increasingly Complex VAT Compliance
May 17th, 2020 - 06:55 GMT

KPMG in Bahrain Launches KPMG Enara, the End-To-End Robotics Based Solution for Bahrain to Address Increasingly Complex VAT Compliance

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