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13/02/2017 05:41 AST
Invest bank posted a net profit of Dhs271.7 million by the end of 2016, up by 8 per cent over 2015. The bank posted an operational income of Dhs741 million, while its net operational profit reached Dhs552 million.
The bank's total net income generated from interests reached Dhs511 million, while its income excluding interest reached Dhs230 million.
The bank's total assets touched Dhs16 billion, while its total loans and advances stood at Dhs11.9 billion, up by 10 per cent and its customer deposits reached Dhs12.1 billion, up by 7 per cent compared to December 2015.
The bank's shareholders' equity stood at Dhs3 billion by the end of 2016.
The Gulf Today
16/11/2017
Investbank has affirmed that it has acquired 405 million stocks in Amanat Holdings on behalf of TC Blitz, listed in Abu Dhabi Stock Exchange.
The bank reported in a separate statement to
The Gulf Today
13/07/2017
InvestBank achieved positive results during the first half of this year as its net profits rose by 5.14 per cent to Dhs177.9 million, up from Dhs169.23 million during the corresponding period of 2016
The Gulf Today
25/04/2017
Invest bank has posted a net profit of Dhs90 million by the end of the first quarter of 2017, recording an increase of 5 per cent over the corresponding period of 2016.
The bank recorded
The Gulf Today
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 402.80 | 1.10 (0.27 |
| FAB | 14.10 | 0.20 (1.43 |
| EMIRATESNBD | 20.25 | 0.10 (0.49 |
| ADCB | 11.38 | 0.28 (2.52 |
| EIB | 12.25 | 0.00 (0.00 |
29/04/2025
Saudi developer Emaar, The Economic City has signed final agreements with four local banks to reschedule SR3.39 billion ($904 million) in existing debt and secure a new credit facility.
In a
Arab News
28/04/2025
Lubna S. Olayan, Chair of the Board of Directors of Saudi Awwal Bank (SAB), announced on Sunday the bank's financial results for the period ending 31 March, 2025.
For the first three months
Saudi Gazette
28/04/2025
stc announced its preliminary financial results for the period ending March 31, 2025, highlighting strong performance across key metrics.
Revenues for the first quarter reached SR19,210 mill
Saudi Gazette
28/04/2025
Arab Bank Group has reported solid results for the first quarter of 2025, with 7 % increase in net income after tax reaching $ 271 million, compared to $252.8 million for the same period last year.
Trade Arabia
28/04/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has cemented its position as a regional leader in industrial innovation by becoming the first aluminium smelter in the Mid
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia