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Banking and Finance

Banking and Finance latest

CBI Achieves Record Profit in 2025, Delivering AED 311 million Pre-Tax Net Profit with 40% Growth
January 27th, 2026 - 04:41 GMT

CBI Achieves Record Profit in 2025, Delivering AED 311 million Pre-Tax Net Profit with 40% Growth

Commercial Bank International PJSC (“CBI” or “the Bank”) (ADX Symbol: CBI; ISIN: AEC000101019), a leading UAE bank, today announced strong financial results for the full year ended 31 December 2025, marking the highest profitability in the Bank's history and demonstrating significant progress in its strategic transformation. Key Highlights: • Pre-tax net profit of AED 311 million, up 40% year-on-year, representing the Bank's strongest annual performance ever and reflecting robust operating performance and successful balance sheet optimization • Post-tax net profit of AED 295 million, delivering enhanced shareholder value • Net ...
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Turkey Bans Use Of Crypto Assets in Payments
April 19th, 2021 - 02:00 GMT

Turkey Bans Use Of Crypto Assets in Payments

Mastercard Enters Into Strategic Partnership With Central Bank Of Iraq To Advance Digital Payments In The Country
April 19th, 2021 - 11:32 GMT

Mastercard Enters Into Strategic Partnership With Central Bank Of Iraq To Advance Digital Payments In The Country

India: Rupee Threatened to Fall Due To COVID Cases' Surge
April 19th, 2021 - 10:00 GMT

India: Rupee Threatened to Fall Due To COVID Cases' Surge

Abu Dhabi Issues Two PPP Tenders to The Private Sector
April 19th, 2021 - 08:32 GMT

Abu Dhabi Issues Two PPP Tenders to The Private Sector

Burgan Bank Announces Names Of The Daily Lucky Winners Of Yawmi Account Draw
April 19th, 2021 - 06:37 GMT

Burgan Bank Announces Names Of The Daily Lucky Winners Of Yawmi Account Draw

NBO Credit Card Customers Can Win 6thStreet Vouchers With Every Purchase
April 18th, 2021 - 10:46 GMT

NBO Credit Card Customers Can Win 6thStreet Vouchers With Every Purchase

Emirates NBD And Etihad Credit Insurance Sign Agreement To Ease Bank's Businesses Access To Trade Finance
April 18th, 2021 - 10:28 GMT

Emirates NBD And Etihad Credit Insurance Sign Agreement To Ease Bank's Businesses Access To Trade Finance

Mastercard Track Business Payment Service Welcomes HSBC UAE As Part Of Mission To Help Modernize The Middle East And Africa’s B2B Payment Ecosystem
April 18th, 2021 - 09:54 GMT

Mastercard Track Business Payment Service Welcomes HSBC UAE As Part Of Mission To Help Modernize The Middle East And Africa’s B2B Payment Ecosystem

ADIB Makes Over 60 Blockchain-Powered Transactions In First Year Of Partnership With Tradeassets
April 18th, 2021 - 09:14 GMT

ADIB Makes Over 60 Blockchain-Powered Transactions In First Year Of Partnership With Tradeassets

Kuwait Finance House Bahrain Announces Mr. Mohamed Hashem Abdullatif As The Third Libshara Grand Prize Winner For March 2021
April 18th, 2021 - 08:33 GMT

Kuwait Finance House Bahrain Announces Mr. Mohamed Hashem Abdullatif As The Third Libshara Grand Prize Winner For March 2021

Family Businesses Are Well-positioned To Lead The Revival Of The Global Economy, With Focus On Purpose, Community, And Patience New Report Finds
April 18th, 2021 - 07:01 GMT

Family Businesses Are Well-positioned To Lead The Revival Of The Global Economy, With Focus On Purpose, Community, And Patience New Report Finds

Dubai Islamic Bank Successfully Closes Lowest-ever Pricing On An At1 Issuance From The GCC
April 15th, 2021 - 07:39 GMT

Dubai Islamic Bank Successfully Closes Lowest-ever Pricing On An At1 Issuance From The GCC

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