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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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Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
November 2nd, 2015 - 04:44 GMT

Burgan Bank Group net income for the first 9 months of 2015 up by 21% reaching KD59M

The Moody's report is echoed by Standard & Poor, who predict that lower oil prices will start to weigh on Saudi Arabian banks. (File photo)
October 29th, 2015 - 11:30 GMT

Saudi spending cuts will impact banks: Moody's

Mr. Hamad Al-Humaidhi
October 29th, 2015 - 07:00 GMT

Ahli United Bank net profit surges by 11.4% to US$ 419.2M for the period ended 30 September 2015

Bank of Sharjah
October 29th, 2015 - 06:31 GMT

Bank of Sharjah announces financial results for the third quarter of

GIB CEO Dr. Yahya Alyahya
October 29th, 2015 - 06:09 GMT

GIB continues to expand its international network

Zumbathon 2015
October 28th, 2015 - 05:42 GMT

IBQ sponsors Zumbathon to strengthen breast cancer awareness

Chris Taylor
October 27th, 2015 - 07:31 GMT

Abu Dhabi Finance and INJAZ UAE launch first global financial literacy program

Al Bawaba
October 27th, 2015 - 05:09 GMT

Gulf Bank posts healthy net profit of KD 29.6 million for the first nine months of 2015

Al Bawaba
October 25th, 2015 - 08:33 GMT

Brotherhood businessman arrested after ‘plotting to smuggle foreign currency’ out of Egypt

Al Bawaba
October 25th, 2015 - 06:53 GMT

Deloitte: Promoting inclusion and diversity in the Middle East labor market

Al Bawaba
October 22nd, 2015 - 02:00 GMT

UAE businesses get VAT-ready

Al Bawaba
October 22nd, 2015 - 09:42 GMT

Gulf Bank participates in Kuwaiti Dinar Job Fair

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