Dubai, UAE: National Bank of Fujairah (NBF) and StorIT Distribution today announced a strategic alliance to deliver tailored channel financing solutions to technology clients across the UAE. By combining StorIT’s extensive partner network and market reach with NBF’s specialist expertise in technology financing, the collaboration will expand access to flexible working capital solutions that support growth […]
Non-interest income surged 34 percent year-on-year Abu Dhabi Commercial Bank PJSC (ADCB) today announced its financial results for the third quarter and nine-month period of 2025 (Q3’25 and 9M’25). Profit before tax has risen for 17 consecutive quarters, propelled by robust top-line growth momentum and a significant 460 basis points year-on-year improvement in the cost-to-income […]
Total Assets grew 14% YTD to AED 393 billion Customer Deposits crossed the AED 300 billion mark, up 21% YTD Asset quality at its strongest in years, with low NPF ratio and high coverage ratio Dubai, UAE: DIB showcased another robust performance in the first nine months of 2025, reporting record revenues of AED 9.7 billion, […]
Nine Months 2025 Highlights: Net profit increased 49% year-on-year (YoY) to AED 316 million for the nine months ended 30 September 2025 (9M 2025) from AED 212 million in the prior year period. Earnings per share rose to AED 0.14 per share in 9M 2025 compared to AED 0.10 in 9M 2024. Total income rose […]
Ajman Bank reported a profit before tax of AED 414 million, an increase of 32% compared to the same period last year. H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank, chaired the Bank’s Board of Directors meeting to review the financial results for the […]
Ras Al Khaimah, United Arab Emirates – The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for the nine months of 2025 Record breaking growth in profitability continues… YTD performance supported by net interest margin of 4.3%, an industry leading CASA ratio of 66%, and a 32% YoY growth in non-interest income driven […]
Sharjah, UAE – Bank of Sharjah announced its financial results for the nine-month period ended 30 September 2025, reporting a net profit of AED 435 million, a 47% increase compared to AED 296 million for the same period last year. On a quarterly basis, net profit rose to AED 166 million in Q3 2025, a 33% […]
Emirates NBD delivered AED 36.7 billion income for the first nine months of 2025 as the Group continues strong growth momentum in both interest income and non-funded income across all countries, segments, and products. Operating profit increased by 10% yoy, fuelled by outstanding loan growth more than offsetting the impact of interest rate cuts. Profit […]
Profit before tax rose by 11.3% year-on-year, reaching KD 592.5 million Al-Bahar: We have maintained balanced growth across our banking segments, driven by a resilient operating strategy NBK continues to reinforce its leadership amid a challenging global economic landscape The Shuwaikh Beach Project further strengthens the Bank’s standing as a leading force in social responsibility […]
Net profit up 21% yoy to AED 5.39 billion in Q3’25 Total assets up 14% ytd to AED 1.38 trillion RoTE at 20% is firmly above medium-term guidance Abu Dhabi: First Abu Dhabi Bank (FAB) the UAE’s global bank and one of the world’s largest and safest financial institutions today announced a record Group net profit […]