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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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US: Credit Suisse to Pay $495M to Settle 2008 Securities Case
October 17th, 2022 - 08:09 GMT

US: Credit Suisse to Pay $495M to Settle 2008 Securities Case

The United Arab Bank Participates in the 24th National Career Fair
October 17th, 2022 - 07:28 GMT

The United Arab Bank Participates in the 24th National Career Fair

NBO Hosts First Tatmeen Forum To Raise Awareness About Caring for Orphans
October 17th, 2022 - 07:21 GMT

NBO Hosts First Tatmeen Forum To Raise Awareness About Caring for Orphans

Al Salam Bank Launches its Salary Transfer Campaign
October 17th, 2022 - 07:01 GMT

Al Salam Bank Launches its Salary Transfer Campaign

Visa Program Unlocks New Opportunities in the Creator Economy
October 16th, 2022 - 08:56 GMT

Visa Program Unlocks New Opportunities in the Creator Economy

UAE: Lulu Group Set for IPO in 2023
October 16th, 2022 - 07:58 GMT

UAE: Lulu Group Set for IPO in 2023

DIB to implement a complete digital KYC journey for New to Bank Customers in collaboration with the UAE Ministry of Interior
October 16th, 2022 - 06:58 GMT

DIB to implement a complete digital KYC journey for New to Bank Customers in collaboration with the UAE Ministry of Interior

KPMG Hosts Middle East, South Asia and Caspian Family Business Summit in Riyadh
October 16th, 2022 - 06:53 GMT

KPMG Hosts Middle East, South Asia and Caspian Family Business Summit in Riyadh

Burgan Bank Launches the Academic Scholarship Program
October 16th, 2022 - 06:30 GMT

Burgan Bank Launches the Academic Scholarship Program

Sustainalytics upgrades ADCB’s ESG risk score,  making it the highest-ranked diversified bank in the GCC
October 13th, 2022 - 12:09 GMT

Sustainalytics upgrades ADCB’s ESG risk score, making it the highest-ranked diversified bank in the GCC

Mastercard Fintech Express Welcomes Jordan Kuwait Bank as Global Partner
October 13th, 2022 - 08:56 GMT

Mastercard Fintech Express Welcomes Jordan Kuwait Bank as Global Partner

Sustainalytics upgrades ADCB’s ESG risk score, making it the highest-ranked diversified bank in the GCC
October 12th, 2022 - 02:23 GMT

Sustainalytics upgrades ADCB’s ESG risk score, making it the highest-ranked diversified bank in the GCC

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