Profitability

Banking & Finance

MEA Finance - May 23, 2024 0

Launched in July 2023, Wio Personal gained traction, amassing over 40,000 customers and exceeding AED 6 billion in deposits by year-end

Banking & Finance

MEA Finance - May 6, 2024 0

The bank’s robust metrics result from strict adherence to a focused approach to funding, lending, and operational effectiveness

Banking & Finance

MEA Finance - May 2, 2024 0

The bank continues to maintain strong liquidity and robust operational efficiencies, as highlighted in its 24% cost-to-income ratio

Banking & Finance

MEA Finance - April 27, 2024 0

Net interest income at AED 879.5 million is up 11.5% year-on-year, supported by a robust fee income of AED 294.9 million

Banking & Finance

MEA Finance - April 25, 2024 0

The group’s asset base surpassed AED 900 billion as retail lending had its strongest-ever quarter and corporate lending closed landmark deals

Banking & Finance

MEA Finance - March 7, 2024 0

Net interest income rose by 69%, registering EGP 7.3 billion in 2023, compared to EGP 4.3 billion a year earlier

Banking & Finance

MEA Finance - February 27, 2024 0

Customer deposits continued to grow, rising by 25.42% to reach EGP 105.93 billion in 2023

Banking & Finance

MEA Finance - February 27, 2024 0

The bank’s total assets rose to EGP 295.4 billion in December 2023, a 43% increase from 2022

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