Ajman Bank posts strong H1 2026 results with: Total assets reaching AED 33.9 billion up by 3% YTD Total revenue reaches AED 880 million up by 17% YoY Profit after tax reaches AED 246 million up by 1% YoY Asset quality continued to strengthen with NPF ratio improving to 5.3%. Ajman, United Arab Emirates – Ajman […]
Dubai: Abu Dhabi Commercial Bank reported a record second-quarter profit before tax of Dh3.83 billion, up 26% from a year earlier, as lending grew and higher fee and trading income broadened its revenue base. The result marked ADCB’s 20th consecutive quarter of profit growth, the bank said on Thursday. Profit before tax for the first […]
Emirates NBD reported a record first-half pre-tax profit of Dh16.2 billion, up 5 per cent year-on-year, as strong lending growth, higher net interest income and increased fee-based business offset higher impairment charges. The Dubai bank said on Wednesday that profit before tax was supported by a 13 per cent increase in net interest income and 25 […]
Ras Al Khaimah, United Arab Emirates, July 23, 2026 — The National Bank of Ras Al Khaimah (Rakbank) today reported its financial results for the first half of 2026. All variances are YoY Open for business. Supporting Customers when it matters Rakbank remained open for business, maintaining uninterrupted access to services and credit while supporting […]
RoTE remained firmly above the Group’s medium-term guidance at 18.5% Abu Dhabi: First Abu Dhabi Bank (FAB) the UAE’s global bank and one of the world’s largest and safest financial institutions, delivered a strong performance in the first half of 2026. In Q2’26, profit before tax rose 16% sequentially and 6% year on year to AED […]
These ratings place FAB at the top end of global bank credit quality, underpinned by strong standalone fundamentals. Abu Dhabi, First Abu Dhabi Bank (FAB), the UAE’s global bank, has reinforced its position as the highest-rated banking group in the MENA region and among the highest-rated globally, with AA- or equivalent ratings and stable outlooks […]
SHARJAH, UAE – Bank of Sharjah reported a strong financial performance for the first half of 2026, posting a 35% year-on-year increase in net profit to AED 362 million, driven by robust revenue growth, higher net interest income, and disciplined cost management. The bank’s net operating income rose 26% to AED 553 million, while net […]
JPMorgan will hire 30 EMEA corporate bankers before year-end Latest sign of US banks seeking more corporate clients in EMEA Headcount to rise 60% in five years in Middle East, North Africa, Turkey, Poland LONDON, July 15 (Reuters) – JPMorgan (JPM.N), opens new tab has launched an expansion of its corporate banking business in Europe, the Middle […]
DUBAI – Dubai Islamic Bank (DIB) reported net profit after tax of AED3.736 billion for the first half of 2026, compared with AED3.73 billion in the same period last year, while pre-tax profit rose 1% year-on-year to AED4.334 billion. In a statement issued on Tuesday, the bank said gross revenue increased 10% year-on-year to AED12.439 […]
QNB reported a 3% jump in net profit for the first six months of 2026 to reach QR8.7bn, demonstrating the stable nature of QNB Group’s financial results despite global headwinds. Earnings per share increased by 5% from June 2025 to reach QR0.89. Total equity increased by 10% from June 2025 to reach QR130bn. Operating income […]