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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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Bank ABC announces 2022 results Net profit of $154 million attributable to the shareholders of the parent, a 54% surge over last year
February 13th, 2023 - 07:08 GMT

Bank ABC announces 2022 results Net profit of $154 million attributable to the shareholders of the parent, a 54% surge over last year

Al Salam Bank’s Mobile App Brings a New Era of Payday with Salary Advance Launch
February 13th, 2023 - 06:39 GMT

Al Salam Bank’s Mobile App Brings a New Era of Payday with Salary Advance Launch

Bank ABC Islamic announces 2022 year-end net profit of $38.8 million
February 12th, 2023 - 08:04 GMT

Bank ABC Islamic announces 2022 year-end net profit of $38.8 million

Burgan Bank Concludes Another Successful Sponsorship of the Kuwait Crown Prince Cup Final Match
February 12th, 2023 - 07:44 GMT

Burgan Bank Concludes Another Successful Sponsorship of the Kuwait Crown Prince Cup Final Match

Waha Capital reports 2022 net profit of AED 449 million following strong fourth quarter performance
February 10th, 2023 - 07:03 GMT

Waha Capital reports 2022 net profit of AED 449 million following strong fourth quarter performance

Ajman Bank Reports Net Profit of AED 162.1 Million  in 2022 compared to AED 116.2 in 2021 (up by 40% YoY)
February 9th, 2023 - 07:58 GMT

Ajman Bank Reports Net Profit of AED 162.1 Million in 2022 compared to AED 116.2 in 2021 (up by 40% YoY)

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution
February 9th, 2023 - 07:14 GMT

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution

Al Salam Bank Announces Financial Results for 2022
February 9th, 2023 - 06:59 GMT

Al Salam Bank Announces Financial Results for 2022

Mastercard joins forces with Greater Amman Municipality and Network International to launch Jordan’s first transit payment ecosystem
February 9th, 2023 - 07:33 GMT

Mastercard joins forces with Greater Amman Municipality and Network International to launch Jordan’s first transit payment ecosystem

KPMG launches Centre of Excellence for Metaverse
February 9th, 2023 - 07:25 GMT

KPMG launches Centre of Excellence for Metaverse

Emirates Islamic is first bank in the UAE to issue a Dirham Sukuk
February 9th, 2023 - 07:06 GMT

Emirates Islamic is first bank in the UAE to issue a Dirham Sukuk

Burgan Bank Reports Net Income of KD 52.1 million for FY 2022
February 8th, 2023 - 12:48 GMT

Burgan Bank Reports Net Income of KD 52.1 million for FY 2022

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