Invest Bank reports Dhs102 million profit in first nine months of 2025

Invest Bank announced a profit before tax of Dhs102 million for the nine-month period ended 30th September 2025, reflecting continued growth across income streams, balance sheet expansion, and strong recoveries.

The bank’s total assets rose 24 per cent year-to-date to Dhs13.4 billion, while net loans and advances reached Dhs6.6 billion, up 46 per cent. Customer deposits grew 28 percent to Dhs11.1 billion, with the current and savings account (CASA) ratio improving to 29.4 per cent from 26.6 per cent at the end of 2024.

Operating income increased 21 per cent year-on-year to Dhs251.4 million, supported by balanced growth in net interest income, up 16 per cent to Dhs148.4 million, and non-interest income, which rose 29 per cent to Dhs103 million. The bank maintained a net interest margin of 1.6 per cent despite a 100-basis-point rate decline in the second half of 2024.

Operating expenses grew 18 per cent year-on-year to support investment in technology and talent, while net recoveries amounted to Dhs83 million, underscoring effective recovery strategies. The bank remains well capitalised, with a capital adequacy ratio of 22.8 per cent and a strong liquidity position reflected in an eligible liquid asset ratio of 21.4 per cent.

During the year, Invest Bank received Dhs380 million from the Government of Sharjah under the Guarantee Agreement, reducing the reimbursement asset balance to Dhs1.7 billion.

Capital Intelligence recently upgraded the bank’s Core Financial Strength rating to ‘b+’ from ‘b’ and its Bank Standalone Rating to ‘bb’ from ‘bb-’, affirming long-term and short-term foreign currency ratings at BBB-/A3, with a ‘High’ extraordinary support level and a ‘stable’ outlook.

Edris Al Rafi, Chief Executive Officer of Invest Bank, said the results reflect “the continued strength of our strategy and the solid progress we’re making in building a more diversified and resilient bank.” He added that the bank is focusing on expanding its core business, deepening customer relationships, and driving sustainable profitability.

He highlighted the success of the ‘Earn Upfront’ Fixed Deposit campaign, which rewards customers with interest payments on the first day, and the bank’s integration with the CBUAE’s Aani platform to enhance payment capabilities.

Looking ahead, Invest Bank aims to sustain growth through a strong capital base, prudent risk management, and ongoing digital transformation. Al Rafi said the bank “remains committed to delivering long-term value through innovation, operational excellence, and customer-focused solutions aligned with the UAE’s evolving financial landscape.”

WAM