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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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NBO Recognised by Ministry of Social Development for Empowering Disabled Persons
January 1st, 2023 - 11:47 GMT

NBO Recognised by Ministry of Social Development for Empowering Disabled Persons

The Mastercard Economics Institute’s Economic Outlook for 2023: What the ‘multi-speed’ global economy means
December 29th, 2022 - 10:31 GMT

The Mastercard Economics Institute’s Economic Outlook for 2023: What the ‘multi-speed’ global economy means

Bank of Japan monetary policy
December 29th, 2022 - 10:22 GMT

Bank of Japan holsters Kuroda’s bazooka

Abu Dhabi Islamic Bank launches ADIB PAY, region’s first token payment enabled wearables, in partnership with Tappy Technologies and Visa
December 29th, 2022 - 07:30 GMT

Abu Dhabi Islamic Bank launches ADIB PAY, region’s first token payment enabled wearables, in partnership with Tappy Technologies and Visa

Burgan Bank continues to service customers throughout the New Year’s holiday
December 29th, 2022 - 06:19 GMT

Burgan Bank continues to service customers throughout the New Year’s holiday

Burgan Bank’s Board of Directors accepts not to renew for GCEO and accepts the resignation of the CEO- Kuwait
December 28th, 2022 - 03:09 GMT

Burgan Bank’s Board of Directors accepts not to renew for GCEO and accepts the resignation of the CEO- Kuwait

Sustainability Forum Middle East Announces GIB as “Esg Partner” for Its Inaugural Edition on Business Transition to Net-zero
December 28th, 2022 - 09:54 GMT

Sustainability Forum Middle East Announces GIB as “Esg Partner” for Its Inaugural Edition on Business Transition to Net-zero

Mastercard Economics Institute’s Economic Outlook for 2023: UAE consumers shop, dine out more frequently but spend less per visit
December 28th, 2022 - 07:32 GMT

Mastercard Economics Institute’s Economic Outlook for 2023: UAE consumers shop, dine out more frequently but spend less per visit

Al Salam Bank Launches the First-Of-Its-Kind Digital Self-Service Kiosk
December 28th, 2022 - 06:38 GMT

Al Salam Bank Launches the First-Of-Its-Kind Digital Self-Service Kiosk

KPMG: Saudi Insurance Industry Continues Growth, up 26.8% in Q3 2022
December 28th, 2022 - 06:30 GMT

KPMG: Saudi Insurance Industry Continues Growth, up 26.8% in Q3 2022

Burgan Bank Sponsors the Fourth Competition of the Kuwaiti Equestrian Federation Tour
December 28th, 2022 - 04:41 GMT

Burgan Bank Sponsors the Fourth Competition of the Kuwaiti Equestrian Federation Tour

KIB Publishes Its First Annual Sustainability Report
December 27th, 2022 - 10:40 GMT

KIB Publishes Its First Annual Sustainability Report

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