News

Invest Bank returns to profit with AED 161 m turnaround in FY25

Invest Bank has returned to profitability after seven consecutive years of losses, reporting AED 161 million in net profit for FY25, compared to a loss of AED 189.29 million in FY24. Net operating income reached AED 435 million, marking 105% annual growth.

Relaunched at Wisdom House in Sharjah under the patronage of Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, the bank also resumed trading on the Abu Dhabi Securities Exchange from 24 February.

Total assets rose to AED 14.2 billion, with net loans up 51% and deposits increasing 30%. The capital adequacy ratio stands at 20.2%.

CEO Edris Mohammad Al Rafi said innovation, technology and disciplined governance are central to the bank’s recovery and long-term growth strategy.

Gulf Economist Staff Writer