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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 Completes a US$2.2bn Transaction with Ithmaar Holding to Acquire Ithmaar Bank’s Consumer Banking Business and a selection of other Assets
November 14th, 2022 - 03:54 GMT

Al Salam Bank Completes a US$2.2bn Transaction with Ithmaar Holding to Acquire Ithmaar Bank’s Consumer Banking Business and a selection of other Assets

Burgan Bank Concluded its Sponsorship of the “Fall Festival” in Partnership with Dar Al-Athar Al-Islamiya
November 14th, 2022 - 03:20 GMT

Burgan Bank Concluded its Sponsorship of the “Fall Festival” in Partnership with Dar Al-Athar Al-Islamiya

BisB Receives the Excellence Award in the Field of Social Responsibility for Islamic Financial Institutions and Banks for the Year 2022
November 14th, 2022 - 09:19 GMT

BisB Receives the Excellence Award in the Field of Social Responsibility for Islamic Financial Institutions and Banks for the Year 2022

Bank ABC announces Q3 and Nine Months 2022 results with a Year-to-Date net profit of $114 million  attributable to the shareholders of the parent
November 14th, 2022 - 08:11 GMT

Bank ABC announces Q3 and Nine Months 2022 results with a Year-to-Date net profit of $114 million attributable to the shareholders of the parent

Al Salam Bank Announces Financial Results for the  Third Quarter of 2022
November 14th, 2022 - 06:15 GMT

Al Salam Bank Announces Financial Results for the Third Quarter of 2022

NBB Participates as Silver Sponsor in the Bahrain International Airshow 2022
November 13th, 2022 - 09:05 GMT

NBB Participates as Silver Sponsor in the Bahrain International Airshow 2022

The UAE Federal Tax Authority is launching EmaraTax on 5 December 2022
November 13th, 2022 - 08:32 GMT

The UAE Federal Tax Authority is launching EmaraTax on 5 December 2022

KPMG in Bahrain delivers Waqf Fund’s ‘Compliance Head Grooming program’ for Compliance Leaders in Bahrain
November 13th, 2022 - 08:26 GMT

KPMG in Bahrain delivers Waqf Fund’s ‘Compliance Head Grooming program’ for Compliance Leaders in Bahrain

Three NBO Female Employees Recognized at Al Mar’a Excellece Awards and Muntada Al Mar’a
November 13th, 2022 - 08:01 GMT

Three NBO Female Employees Recognized at Al Mar’a Excellece Awards and Muntada Al Mar’a

Bank ABC Islamic announces nine months 2022 net profit of $29.6 million
November 13th, 2022 - 07:31 GMT

Bank ABC Islamic announces nine months 2022 net profit of $29.6 million

Burgan Bank Launches New Concierge Services in Partnership with Peacock Concierge
November 13th, 2022 - 07:24 GMT

Burgan Bank Launches New Concierge Services in Partnership with Peacock Concierge

Eshraq Investments reports its highest ever quarterly profit in its history of Dh474 million for Q3 2022;
November 11th, 2022 - 07:47 GMT

Eshraq Investments reports its highest ever quarterly profit in its history of Dh474 million for Q3 2022;

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