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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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FAB and Bahrain Clear sign a Depository Agent (Custodian) Agreement
May 12th, 2020 - 07:47 GMT

FAB and Bahrain Clear sign a Depository Agent (Custodian) Agreement

Bahrain Islamic Bank Supports Bahrain Polytechnic Students with Laptops
May 12th, 2020 - 07:14 GMT

Bahrain Islamic Bank Supports Bahrain Polytechnic Students with Laptops

Al Salam Bank-Bahrain Introduces Whatsapp Banking Services
May 11th, 2020 - 12:16 GMT

Al Salam Bank-Bahrain Introduces Whatsapp Banking Services

UAE Currently Does Not Intend to Increase VAT
May 11th, 2020 - 11:47 GMT

UAE Currently Does Not Intend to Increase VAT

UAE: Travel Ban on Unpaid Loans Defaulters
May 11th, 2020 - 07:30 GMT

UAE: Travel Ban on Unpaid Loans Defaulters

Turkey: Block on 3 Banks Regarded As Counterproductive Move Amid Lira Freefall
May 10th, 2020 - 12:30 GMT

Turkey: Block on 3 Banks Regarded As Counterproductive Move Amid Lira Freefall

India: Equity Indices Open Week in Green,Tracking Gains in Asian Markets
May 10th, 2020 - 11:30 GMT

India: Equity Indices Open Week in Green,Tracking Gains in Asian Markets

GCC: Oil Price, COVID-19 to Shrink Banks Revenues
May 9th, 2020 - 06:30 GMT

GCC: Oil Price, COVID-19 to Shrink Banks Revenues

Abu Dhabi Commercial Bank PJSC Reports Q1’20 Net Profit of  Dh209 Million
May 7th, 2020 - 10:33 GMT

Abu Dhabi Commercial Bank PJSC Reports Q1’20 Net Profit of Dh209 Million

Visa Pledges 55,000 Meals, Lights up 55,000 Pixels on the World’s Tallest Donation Box
May 7th, 2020 - 07:14 GMT

Visa Pledges 55,000 Meals, Lights up 55,000 Pixels on the World’s Tallest Donation Box

National Bank of Oman Offers Various Financial Relief Packages to Retail Customers
May 6th, 2020 - 12:21 GMT

National Bank of Oman Offers Various Financial Relief Packages to Retail Customers

MoF Launches Federal Automated Revenue Estimation System
May 5th, 2020 - 10:48 GMT

MoF Launches Federal Automated Revenue Estimation System

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