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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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UAE University celebrates World Teachers' Day
October 4th, 2022 - 08:07 GMT

UAE University celebrates World Teachers' Day

Standard Chartered Introduces the Region’s First Sustainable Receivables Financing Facility in Partnership With Eci and Siemens
October 4th, 2022 - 07:18 GMT

Standard Chartered Introduces the Region’s First Sustainable Receivables Financing Facility in Partnership With Eci and Siemens

Banque Internationale de Commerce - BRED (Suisse) SA, Establishes Middle East Presence in DIFC
October 4th, 2022 - 06:31 GMT

Banque Internationale de Commerce - BRED (Suisse) SA, Establishes Middle East Presence in DIFC

KPMG Adds Expatriate Senior Directors to Ownership of Firm in Saudi Arabia
October 3rd, 2022 - 04:44 GMT

KPMG Adds Expatriate Senior Directors to Ownership of Firm in Saudi Arabia

RAKBANK Joins Cross-border Payments Platform Buna
October 3rd, 2022 - 08:53 GMT

RAKBANK Joins Cross-border Payments Platform Buna

Burgan Bank Celebrates the Graduation of Retail Academy Trainees
October 3rd, 2022 - 05:52 GMT

Burgan Bank Celebrates the Graduation of Retail Academy Trainees

Mastercard Expands Decades-long Football Legacy Through Guinness World Records Title With Luis Figo
October 2nd, 2022 - 08:47 GMT

Mastercard Expands Decades-long Football Legacy Through Guinness World Records Title With Luis Figo

Bahrain Islamic Bank (BisB) Appoints  Mr. Yaser Alsharifi as the Bank’s CEO
October 2nd, 2022 - 07:22 GMT

Bahrain Islamic Bank (BisB) Appoints Mr. Yaser Alsharifi as the Bank’s CEO

NBO Named Best Performing Company in the Large Capital Category at Aiwa Awards
October 2nd, 2022 - 06:02 GMT

NBO Named Best Performing Company in the Large Capital Category at Aiwa Awards

ADIB reinforces its position as a leading innovator in financial services
September 29th, 2022 - 08:05 GMT

ADIB reinforces its position as a leading innovator in financial services

Turkey Cuts All Ties with Russian Banks Amid Fears of US Sanctions
September 28th, 2022 - 10:45 GMT

Turkey Cuts All Ties with Russian Banks Amid Fears of US Sanctions

ADIB expands Interactive Teller Machines (ITM) network in Abu Dhabi and Al Ain
September 28th, 2022 - 09:20 GMT

ADIB expands Interactive Teller Machines (ITM) network in Abu Dhabi and Al Ain

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