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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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Ethos Integrated Solutions researched 65 GCC banks through a six months' mystery shopping exercise. (Al Bawaba/File)
December 15th, 2015 - 10:44 GMT

Customer experience improving at GCC banks

Al Bawaba
December 15th, 2015 - 11:07 GMT

National Bank of Fujairah enhances commitment to UAE’s Emiratisation drive with ongoing Management Trainee Programme

The US is looking to freeze financial assets linked to Daesh, as well as blacklisting companies proven to have Daesh connections.   (AFP/File)
December 14th, 2015 - 03:08 GMT

Egypt joins forces with the US to combat Daesh funding

Emirates NBD 60 second DirectRemit platform to Sri Lanka
December 14th, 2015 - 11:31 GMT

Emirates NBD extends 60 second DirectRemit platform to Sri Lanka

Al Bawaba
December 14th, 2015 - 10:03 GMT

Dubai Islamic Bank launches unique Emirati Family Banking services

Al Bawaba
December 14th, 2015 - 07:54 GMT

Burgan Bank wins ‘Best Co-Branded Credit Card’ award from The Banker Middle East Kuwait Product Awards 2015

During the event
December 14th, 2015 - 07:28 GMT

Noor Bank declared Most Socially Responsible Bank at 2015 Islamic Business Awards in Dubai

Al Bawaba
December 14th, 2015 - 06:30 GMT

Gulf stocks take a tumble with oil at seven-year low

Alumnus and KPMG’s official during the event
December 14th, 2015 - 05:38 GMT

KPMG in Bahrain holds alumni cocktail reception

Al Bawaba
December 13th, 2015 - 09:58 GMT

ITIDA to support Egyptian startups with innovation centers, $20M fund

Al Fanar Mall, Kuwait. (Q8 Living)
December 13th, 2015 - 12:00 GMT

GCC firms fear higher operating costs with new VAT: survey

Al Bawaba
December 13th, 2015 - 10:38 GMT

Emirates Islamic wins big at CPI Financial’s Islamic Business & Finance Awards Ceremony

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