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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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UAE: Employment in Banks up in March Despite Pandemic
May 17th, 2020 - 06:00 GMT

UAE: Employment in Banks up in March Despite Pandemic

Lebanon: Central Bank to Provide USD for Imports at Rate of 3,200 Pounds to Reduce Fo
May 15th, 2020 - 06:30 GMT

Lebanon: Central Bank to Provide USD for Imports at Rate of 3,200 Pounds to Reduce Food Prices

Standard Chartered Donates usd11,8m for Immediate COVID-19 Relief Efforts Across Africa and the Middle East
May 14th, 2020 - 10:46 GMT

Standard Chartered Donates usd11,8m for Immediate COVID-19 Relief Efforts Across Africa and the Middle East

India: Equity Prices Plummet, Tracking Decline in Asian Stocks
May 14th, 2020 - 08:00 GMT

India: Equity Prices Plummet, Tracking Decline in Asian Stocks

Funds will support relief efforts being undertaken by the Red Cross
May 14th, 2020 - 07:44 GMT

The Visa Foundation Announces Grantee to Support COVID-19 Recovery in Central Europe, Middle East and Africa

Arab Bank Group Reports First Quarter 2020 Net Profit of $147.6 Million
May 14th, 2020 - 07:23 GMT

Arab Bank Group Reports First Quarter 2020 Net Profit of $147.6 Million

S&P: Saudi Banks Have Enough Capital to Cope With COVID-19, Oil Shocks
May 14th, 2020 - 07:00 GMT

S&P: Saudi Banks Have Enough Capital to Cope With COVID-19, Oil Shocks

The Irrevocable Harm Cryptocurrency Does to the Environment
May 13th, 2020 - 09:30 GMT

The Irrevocable Harm Cryptocurrency Does to the Environment

Banks’ Expertise Critical to Speed up Economic Recovery Post COVID-19
May 13th, 2020 - 08:57 GMT

Banks’ Expertise Critical to Speed up Economic Recovery Post COVID-19

Bahrain Bourse Establishes Investor Protection Funds Programme
May 12th, 2020 - 01:00 GMT

Bahrain Bourse Establishes Investor Protection Funds Programme

Winners to Be Awarded Omr3,251,500 as Part of All New 2020 Al Kanz Savings Account Scheme
May 12th, 2020 - 11:36 GMT

Winners to Be Awarded Omr3,251,500 as Part of All New 2020 Al Kanz Savings Account Scheme

India: Equity Prices Plunge, Sensex Sinks Over 600 Points
May 12th, 2020 - 09:30 GMT

India: Equity Prices Plunge, Sensex Sinks Over 600 Points

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