Browsing: impairment charges

Banks across the GCC are expected to raise provisions for loan and lease losses over…

RAKBANK posted a 26% increase in net profit for the full year 2025, reaching AED…

Dubai Islamic Bank reported a net profit of AED 3.7 billion (USD 1.01 billion) for…

First Abu Dhabi Bank (FAB), the UAE’s largest bank by assets, reported a Q2 2025…

First Abu Dhabi Bank (FAB), the UAE’s largest lender, reported a 4% year-on-year (YoY) rise in net profit for 2024, reaching AED 17.1B (USD 4.6B).

The UAE’s top banks have maintained a strong capital position, supported by robust profits, and their asset quality improved in the quarter ending June 2024.

Abu Dhabi bank’s international operations contribute significantly to the impressive financial performance Dubai: In a…