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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 strengthens bond with bangladeshi expat community for efficient remittance
October 26th, 2022 - 07:07 GMT

NBO strengthens bond with bangladeshi expat community for efficient remittance

Gulf bank of Kuwait and Mastercard revolutionise checkout experience by pioneering embedded click to pay technology
October 26th, 2022 - 06:23 GMT

Gulf bank of Kuwait and Mastercard revolutionise checkout experience by pioneering embedded click to pay technology

Burgan Bank Hosts Media Icon Bibi Alkhudari as Part of its ‘Burgan Talk’ Program Launch
October 25th, 2022 - 05:57 GMT

Burgan Bank Hosts Media Icon Bibi Alkhudari as Part of its ‘Burgan Talk’ Program Launch

NBB Collaborates with RCSI Bahrain to Provide Education Financing Solutions
October 25th, 2022 - 04:32 GMT

NBB Collaborates with RCSI Bahrain to Provide Education Financing Solutions

Emirates NBD marks breast cancer awareness month with heartfelt campaign focussing on people of determination
October 25th, 2022 - 09:52 GMT

Emirates NBD marks breast cancer awareness month with heartfelt campaign focussing on people of determination

Sharjah Islamic Bank's net profit increased by 24%
October 25th, 2022 - 09:09 GMT

Sharjah Islamic Bank's net profit increased by 24%

Digital trust matters as cybersecurity and privacy expectations increase
October 25th, 2022 - 08:52 GMT

Digital trust matters as cybersecurity and privacy expectations increase

Mastercard and BitOasis sign strategic partnership across MENA to launch crypto-linked cards
October 25th, 2022 - 08:44 GMT

Mastercard and BitOasis sign strategic partnership across MENA to launch crypto-linked cards

SICO
October 25th, 2022 - 08:35 GMT

SICO completes 100% acquisition of SICO Capital

OOMCO partners with taif altmayz for general trading to build first top-loading fuel station in duqm
October 25th, 2022 - 08:24 GMT

OOMCO partners with taif altmayz for general trading to build first top-loading fuel station in duqm

Dubai Islamic Bank nine months 2022 group financial results
October 25th, 2022 - 07:48 GMT

Dubai Islamic Bank nine months 2022 group financial results

Burgan Bank Launches “Apply Now” Feature Across its Digital Channels
October 25th, 2022 - 07:10 GMT

Burgan Bank Launches “Apply Now” Feature Across its Digital Channels

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