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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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BisB Appoints Naeema Taheri as Chief Compliance Officer
August 2nd, 2022 - 11:54 GMT

BisB Appoints Naeema Taheri as Chief Compliance Officer

Al Salam Bank Implements RPA Solution in line with its Digital Transformation Journey 
August 2nd, 2022 - 11:35 GMT

Al Salam Bank Implements RPA Solution in line with its Digital Transformation Journey 

Mastercard New Payments Index 2022: Consumers in MENA Embrace Digital Payments
August 2nd, 2022 - 11:23 GMT

Mastercard New Payments Index 2022: Consumers in MENA Embrace Digital Payments

Markaz:  GCC markets recover in July in line with global markets; Oil decline by 4.2%
August 2nd, 2022 - 09:30 GMT

Markaz:  GCC markets recover in July in line with global markets; Oil decline by 4.2%

Bank ABC named as Best Bank for "Innovation in Digital Banking" in the Middle East by The Banker
August 2nd, 2022 - 06:45 GMT

Bank ABC named as Best Bank for "Innovation in Digital Banking" in the Middle East by The Banker

Abu Dhabi Islamic Bank Named as the Most Innovative Islamic Bank by Islamic Finance News
August 1st, 2022 - 10:30 GMT

Abu Dhabi Islamic Bank Named as the Most Innovative Islamic Bank by Islamic Finance News

BisB Installs Solar Energy Panels at its Arad and Hamad Town Financial Malls 
August 1st, 2022 - 10:19 GMT

BisB Installs Solar Energy Panels at its Arad and Hamad Town Financial Malls 

Arab Bank Group profits grow by 38% to $252 million for the first half of 2022
July 31st, 2022 - 05:55 GMT

Arab Bank Group profits grow by 38% to $252 million for the first half of 2022

NBO Named Best Private Bank Oman 2022 at World Economic Magazine Awards
July 31st, 2022 - 05:51 GMT

NBO Named Best Private Bank Oman 2022 at World Economic Magazine Awards

DFSA appoints new Chief Executive 
July 29th, 2022 - 10:20 GMT

DFSA appoints new Chief Executive 

Mastercard Installments Gains Traction with New Global Partners and Support for Small Businesses
July 29th, 2022 - 09:48 GMT

Mastercard Installments Gains Traction with New Global Partners and Support for Small Businesses

CBI Announces Q2 2022 Net Profit of AED 34 million
July 29th, 2022 - 09:07 GMT

CBI Announces Q2 2022 Net Profit of AED 34 million

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