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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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Al Salam Bank Sponsors 5 American University of Bahrain Scholarships to Students
December 26th, 2022 - 10:23 GMT

Al Salam Bank Sponsors 5 American University of Bahrain Scholarships to Students

KIB extends its automotive financing offer on all 2022 GMC-SIERRA cars, with 3-year profit repayment plan on a 5-year financing
December 26th, 2022 - 09:43 GMT

KIB extends its automotive financing offer on all 2022 GMC-SIERRA cars, with 3-year profit repayment plan on a 5-year financing

NBO’s Islamic Banking Window, Muzn, Upgrades Customer Experience With Larger Network of CCDMS
December 26th, 2022 - 09:11 GMT

NBO’s Islamic Banking Window, Muzn, Upgrades Customer Experience With Larger Network of CCDMS

Burgan Bank Makes Young Palliative Care Patient’s Dream Come True with the World Cup Experience of a Lifetime at FIFA Qatar 2022
December 26th, 2022 - 08:42 GMT

Burgan Bank Makes Young Palliative Care Patient’s Dream Come True with the World Cup Experience of a Lifetime at FIFA Qatar 2022

KIB underlines principles guiding responsible customer protection practices
December 25th, 2022 - 05:34 GMT

KIB underlines principles guiding responsible customer protection practices

NBO Elevates Digital Corporate Banking Experience With ‘Online Direct Debit’ Service
December 25th, 2022 - 05:18 GMT

NBO Elevates Digital Corporate Banking Experience With ‘Online Direct Debit’ Service

Burgan Bank Assigns the responsibility of managing the Financial Institutions Department to Mr. Mohammed Najeeb Al-Zanki
December 25th, 2022 - 04:25 GMT

Burgan Bank Assigns the responsibility of managing the Financial Institutions Department to Mr. Mohammed Najeeb Al-Zanki

Burgan Bank Sponsors the 18th International Jewelry Exhibition
December 22nd, 2022 - 04:15 GMT

Burgan Bank Sponsors the 18th International Jewelry Exhibition

Saudi Arabia capital demand
December 20th, 2022 - 06:16 GMT

Capital demand to boost Saudi banks’ performance

KPMG: Upsurge in capital demand expected to further fuel strong interim performance of Saudi banks
December 20th, 2022 - 06:13 GMT

KPMG: Upsurge in capital demand expected to further fuel strong interim performance of Saudi banks

ADIB receives the e-Marketplace Champion Award from blockchain-powered e-Marketplace TradeAssets
December 20th, 2022 - 08:12 GMT

ADIB receives the e-Marketplace Champion Award from blockchain-powered e-Marketplace TradeAssets

IMF EFF for Egypt
December 18th, 2022 - 08:24 GMT

IMF approves 46-month $3B extended arrangement for Egypt

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