The investment bank announced yesterday its financial results for the first nine months of the current year, which showed a pre-tax profit of 102 million dirhams, driven by revenue growth, asset growth, and strong recovery operations. The bank reported that total assets reached 13.4 billion dirhams, a 24% increase since the beginning of the year. Net loans and advances amounted to 6.6 billion dirhams, a 46% increase, while customer deposits reached 11.1 billion dirhams, a 28% increase since the beginning of the year. The current and savings accounts ratio stood at 29.4%, compared to 26.6% in the fiscal year 2024. The bank's CEO, Idris Ar-Rifi, said: "The results for the first nine months of 2025 reflect the strength of our strategy and the significant progress we are making in building a more diverse and stable bank."
UAE Investment Bank Reports Profit Growth
UAE investment bank announced Q1-Q3 financial results, showing a pre-tax profit of 102 million dirhams, driven by asset, loan, and deposit growth.