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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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KPMG: Banks In Pursuit Of Purpose-led And Customer-centric Strategies As They Gravitate Towards Sustainable Growth
June 27th, 2022 - 11:14 GMT

KPMG: Banks In Pursuit Of Purpose-led And Customer-centric Strategies As They Gravitate Towards Sustainable Growth

Kuwait Finance House – Bahrain Conducts The Libshara Prize Draw For May 2022 And Announces Eidiya Prize Winners
June 27th, 2022 - 11:05 GMT

Kuwait Finance House – Bahrain Conducts The Libshara Prize Draw For May 2022 And Announces Eidiya Prize Winners

Burgan Bank Inaugurates its Innovation Lab
June 27th, 2022 - 08:29 GMT

Burgan Bank Inaugurates its Innovation Lab

Al Salam Bank Sponsors Award For The Second Consecutive Year At BIBF Ceremony Honoring Bangor University Graduates
June 23rd, 2022 - 09:58 GMT

Al Salam Bank Sponsors Award For The Second Consecutive Year At BIBF Ceremony Honoring Bangor University Graduates

WhatsApp Partners with Neo-Bank In India to Power Seamless Cashback Transactions
June 23rd, 2022 - 09:33 GMT

WhatsApp Partners with Neo-Bank In India to Power Seamless Cashback Transactions

KPMG Report: Autonomous Universities Offer Distinctive Advantages for Saudi Arabia
June 23rd, 2022 - 09:29 GMT

KPMG Report: Autonomous Universities Offer Distinctive Advantages for Saudi Arabia

Mastercard Strengthens Leadership Team To Accelerate Growth Across Middle East And North Africa
June 23rd, 2022 - 08:29 GMT

Mastercard Strengthens Leadership Team To Accelerate Growth Across Middle East And North Africa

ADIB And Visa Sign Exclusive Partnership Deal
June 23rd, 2022 - 07:55 GMT

ADIB And Visa Sign Exclusive Partnership Deal

Burgan Bank Convenes its 57th Ordinary General Meeting
June 23rd, 2022 - 07:48 GMT

Burgan Bank Convenes its 57th Ordinary General Meeting

Emirates Development Bank Heralded By UAE Industry Leaders At The Make It In The Emirates Forum
June 23rd, 2022 - 07:31 GMT

Emirates Development Bank Heralded By UAE Industry Leaders At The Make It In The Emirates Forum

Bank ABC Invites Autonomous Financial Advisory Solution Providers To Participate In Its Innovation Challenge Closing On June 26
June 23rd, 2022 - 05:05 GMT

Bank ABC Invites Autonomous Financial Advisory Solution Providers To Participate In Its Innovation Challenge Closing On June 26

Mastercard Signs MoU With Saudi Esports Federation To Promote The Kingdom’s Billion-dollar Gaming Industry
June 22nd, 2022 - 03:59 GMT

Mastercard Signs MoU With Saudi Esports Federation To Promote The Kingdom’s Billion-dollar Gaming Industry

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