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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 Supports Emirates Foundation’s Food Box Initiative This Ramadan
April 23rd, 2020 - 08:12 GMT

FAB Supports Emirates Foundation’s Food Box Initiative This Ramadan

Oman: Central Bank Asks to Defer Loan Repayments for 3 Months
April 23rd, 2020 - 06:00 GMT

Oman: Central Bank Asks to Defer Loan Repayments for 3 Months

In Alignment with the Application of its Business Development Strategy, Abu Dhabi Securities Exchange (ADX) Grants Al Ramz Short Term Margin Trading License and Opens New Investment Opportunities
April 22nd, 2020 - 08:10 GMT

In Alignment with the Application of its Business Development Strategy, Abu Dhabi Securities Exchange (ADX) Grants Al Ramz Short Term Margin Trading License and Opens New Investment Opportunities

2020 Refinitiv Lipper Fund Awards Recognizes Three Funds Managed by Kamco Invest
April 22nd, 2020 - 12:36 GMT

2020 Refinitiv Lipper Fund Awards Recognizes Three Funds Managed by Kamco Invest

Kuwait to Offer Bank Loans for COVID-19 Affected SMEs
April 22nd, 2020 - 11:15 GMT

Kuwait to Offer Bank Loans for COVID-19 Affected SMEs

Bahrain Islamic Bank Launches Tejoori Instant Finance
April 22nd, 2020 - 11:05 GMT

Bahrain Islamic Bank Launches Tejoori Instant Finance

First Abu Dhabi Bank Nominates Pradeep Rana as Group Chief Risk Officer
April 22nd, 2020 - 09:52 GMT

First Abu Dhabi Bank Nominates Pradeep Rana as Group Chief Risk Officer

Bahrain Islamic Bank Enables Customers to Withdraw Cash Online From Credit Cards to Savings and Current Accounts Instantly
April 21st, 2020 - 01:29 GMT

Bahrain Islamic Bank Enables Customers to Withdraw Cash Online From Credit Cards to Savings and Current Accounts Instantly

Al Salam Bank-Bahrain Contributes Over USD1 Million to Combat the Spread of COVID-19
April 21st, 2020 - 01:11 GMT

Al Salam Bank-Bahrain Contributes Over USD1 Million to Combat the Spread of COVID-19

GCC Equity Markets Plummet Scorched Over US Oil Price Fall
April 21st, 2020 - 11:30 GMT

GCC Equity Markets Plummet Scorched Over US Oil Price Fall

Lebanon: Banks, Lenders Ask Gov't Not to Interfere with Their Business’
April 21st, 2020 - 09:30 GMT

Lebanon: Banks, Lenders Ask Gov't Not to Interfere with Their Business’

The Fund aims to support national initiatives to help healthcare services and people in communities affected by COVID-19
April 21st, 2020 - 05:43 GMT

Bank ABC Group Announces a $10 Million Fund for COVID-19 Pandemic Relief

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