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Banking and Finance

Banking and Finance latest

CBI Achieves Record Profit in 2025, Delivering AED 311 million Pre-Tax Net Profit with 40% Growth
January 27th, 2026 - 04:41 GMT

CBI Achieves Record Profit in 2025, Delivering AED 311 million Pre-Tax Net Profit with 40% Growth

Commercial Bank International PJSC (“CBI” or “the Bank”) (ADX Symbol: CBI; ISIN: AEC000101019), a leading UAE bank, today announced strong financial results for the full year ended 31 December 2025, marking the highest profitability in the Bank's history and demonstrating significant progress in its strategic transformation. Key Highlights: • Pre-tax net profit of AED 311 million, up 40% year-on-year, representing the Bank's strongest annual performance ever and reflecting robust operating performance and successful balance sheet optimization • Post-tax net profit of AED 295 million, delivering enhanced shareholder value • Net ...
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Bank targets service providers and companies manufacturing ventilators, masks and more
March 30th, 2020 - 09:13 GMT

Standard Chartered Commits $1 Billion to Finance Companies Helping to Tackle COVID-19

Under the Directives of Ammar Al Nuaimi, Ajman Bank Announces No Layoffs in 2020
March 29th, 2020 - 01:00 GMT

Under the Directives of Ammar Al Nuaimi, Ajman Bank Announces No Layoffs in 2020

National Bank of Oman Pledges Omr1 Million in the Fight Against COVID-19 Outbreak in Oman
March 29th, 2020 - 10:15 GMT

National Bank of Oman Pledges Omr1 Million in the Fight Against COVID-19 Outbreak in Oman

Bahrain Islamic Bank Offers Relief Measures to Retail and Corporate Clients and Urges Utilisation of Digital Platforms to Ensure Personal Safety
March 29th, 2020 - 08:37 GMT

Bahrain Islamic Bank Offers Relief Measures to Retail and Corporate Clients and Urges Utilisation of Digital Platforms to Ensure Personal Safety

Bank Nizwa Rolls-out Additional Features On Its E-wallet Solution To Encourage Contactless Payments
March 26th, 2020 - 01:24 GMT

Bank Nizwa Rolls-out Additional Features On Its E-wallet Solution To Encourage Contactless Payments

World's Five Largest Banks Slide to $26.1 Billion in Investment Revenue
March 25th, 2020 - 01:00 GMT

World's Five Largest Banks Slide to $26.1 Billion in Investment Revenue

National Bank of Fujairah Appoints Dr. Raja Al Gurg as New Deputy Chairperson
March 25th, 2020 - 10:53 GMT

National Bank of Fujairah Appoints Dr. Raja Al Gurg as New Deputy Chairperson

SoftBank to Monetize up to $41 Billion in Assets to Cut Debt
March 24th, 2020 - 01:45 GMT

SoftBank to Monetize up to $41 Billion in Assets to Cut Debt

Moody’s: Oman's $21 Billion Stimulus May Weaken Banks’ Credit Profile
March 24th, 2020 - 11:30 GMT

Moody’s: Oman's $21 Billion Stimulus May Weaken Banks’ Credit Profile

Spearheading Safe Banking, National Bank of Oman Is Fully Ready to Serve Customers Digitally
March 24th, 2020 - 10:53 GMT

Spearheading Safe Banking, National Bank of Oman Is Fully Ready to Serve Customers Digitally

Turkey: Istanbul Borsa Soars Nearly 4% at Open
March 24th, 2020 - 10:00 GMT

Turkey: Istanbul Borsa Soars Nearly 4% at Open

Global Markets Crash As COVID-19 Continue to Spook Investors
March 24th, 2020 - 07:00 GMT

Global Markets Crash As COVID-19 Continue to Spook Investors

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