Sultan bin Ahmed Al Qasimi witnesses the launch ceremony of the new corporate identity and the announcement of the financial results of the Investment Bank

Sharjah, February 24 / WAM / His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Board of Directors of the Investment Bank, witnessed this evening, Monday, the ceremony of launching the new corporate identity and announcing the financial results of the Investment Bank, at the House of Wisdom.

In his speech during the ceremony, His Highness reviewed three main milestones that embody the transformation that occurred at the Investment Bank. The first is the return to profitability, due to disciplined operational work, a clear vision, and calculated strategic choices, as the bank achieved its first year of profitability after seven years of losses, with a net profit of 161 million dirhams, and a net operating income of 435 million dirhams, with an annual growth of 105%, and an increase in total assets to 14.2 billion dirhams.

His Highness, Chairman of the Board of Directors of the Investment Bank, revealed that net loans and advances grew by 51% to reach 7.2 billion dirhams, and customer deposits increased to 11.3 billion dirhams, an increase of 30%, while the capital adequacy ratio reached 20.2%, which is an indicator that reflects the solidity of the financial position and the prudence of operational management.

His Highness announced the second leg, which is the return to the Abu Dhabi Securities Market, starting on Tuesday, February 24, 2026, where the shares of the Investment Bank will begin trading again in the market. His Highness indicated that it is a step that reflects the bank’s strength and readiness for a new phase of growth and sustainability, describing His Highness as an explicit commitment to transparency and accountability, and a clear message to investors that we are entering this phase with confidence, discipline, and a long-term vision.

His Highness, Chairman of the Board of Directors of the Investment Bank, revealed the third station, in which he announced the new corporate identity of the bank, as a sincere expression of the renewed message at the level of the UAE, and commitment and preparation for the digital future with confidence and ability, explaining His Highness that the best is still to come.

His Highness stressed that the Emirate of Sharjah’s march towards comprehensive development is proceeding steadily, after it was an ancient commercial center and transformed into a vibrant, prosperous city, a pioneer in providing services, and is based on a clear vision, solid knowledge, and an ambition that knows no bounds. His Highness referred to the past two years, during which Sharjah demonstrated its great flexibility, the accelerating pace of its economic diversification, and the growing confidence of investors, which strengthened its position among the fastest growing economic centers in the region.

His Highness said: Sharjah’s success was never the result of coincidence, but rather the result of a conscious strategic vision and diligent work that embodies the highest meanings of determination and bearing responsibility, within the framework of the wise approach established by His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, who laid the foundations for balanced development based on sustainability, knowledge, and the human being as the focus and goal of development.

His Highness, Chairman of the Board of Investment Bank, addressed the growth of the gross domestic product of the Emirate of Sharjah, saying: “Sharjah’s gross domestic product rose to 145.2 billion dirhams, achieving a growth of 6.5%, driven mainly by the non-oil sectors that contributed more than 142.5 billion dirhams, in addition to economic activity that exceeded 72.5 billion dirhams.”

His Highness pointed out that during the first half of the year 2025, Sharjah achieved a leap in foreign direct investments and attracted many new projects, which contributed to investment flows and created new job opportunities, which strengthened the national talent base and established Sharjah’s leading position as the fastest growing emirate in the country in attracting direct foreign investments. His Highness stressed that development and growth were not only quantitative, but qualitative and transformative.

His Highness, Chairman of the Board of Directors of the Investment Bank, discussed the growth in the business services sector in terms of the volume of capital investments and employment rates, in addition to the continued expansion in the sectors of logistics services, civil aviation, trade, and tourism, which reflects the vitality and integration of the economy in the Emirate of Sharjah.

His Highness spoke about the small and medium enterprises sector, describing it as the most prominent engine of growth, which contributes effectively to the gross domestic product at the state level. His Highness indicated that the choice of about 1.8 million people in Sharjah as their home reflects an economic and social environment prepared for sustainable growth based on trust, opportunities and diversity.

His Highness, Chairman of the Board of Directors of the Investment Bank, affirmed that the strategic path of success in Sharjah has established in the minds the fact that banking is not just a commercial activity, but rather an infrastructure that connects communities, enables businesses, and transforms ambitions into tangible achievements. His Highness described the development experience in Sharjah as having reformulated while preserving legacy and heritage.

His Highness concluded his speech by emphasizing that in an era in which technology has become an essential pillar for accessing financial services, and customers have come to expect efficiency and speed at every point of contact, the bank is adopting a strategy of convenience, adopting technology as a major enabler, and the focus remains constant, which is achieving sustainable value for shareholders by building strong relationships with customers with the highest levels of satisfaction, and committed and dedicated work teams.

His Highness, Chairman of the Board of Directors of the Investment Bank, clicked on the spherical model, announcing the launch of the bank’s new corporate identity, which symbolizes the clarity of the vision to move forward towards development and innovation, as the design of the bank’s new logo is inspired by the art of Arabic decoration, which was formulated to combine balance and clarity, which reflects the bank’s continued commitment to the legacy of the Emirate of Sharjah in continuing development, prosperity, and preparing for the future.

The new corporate identity also comes within the framework of the comprehensive strategic transformation process to consolidate the bank’s leading position in the banking sector and support its readiness to keep pace with the requirements of the next stage, and implement the future vision to enhance competitive advantages.

The ceremony began with a film that dealt with the emergence of the Investment Bank, reviewing the most prominent stages of its development and its pivotal milestones, and highlighting the bank’s achievements, leading up to the present time in which the bank has recorded remarkable profits and sustainable growth that reflects the strength of its financial performance and the solidity of its future strategy.

For his part, Idris Al-Rafi, CEO of the Investment Bank, gave a speech in which he stressed that keeping pace with developments in the banking sector is the focus of the bank’s strategy, based on a foundation of innovation and reliance on modern technology, as the banking sector is witnessing an accelerating transformation that requires institutions to deal flexibly with developments and redefine their roles.

He said: Our new identity embodies our future vision as a banking institution that is more prepared and ready to meet the needs of our customers, provide the best integrated banking services and solutions, and move from the traditional approach to the technology-based approach, which constitutes a vital infrastructure that contributes to accelerating growth by building interconnected operational, cultural and technological bridges.

The CEO of the Investment Bank addressed the role and trust of shareholders, saying: Through the support we get from our shareholders who enjoy trust and credibility, we can develop innovative products and achieve sustainable growth based on our fifty-year legacy of trust, and our announcement today represents a commitment to consolidating the leading position of the bank, and contributing to building a bright future, through a vision that turns challenges into opportunities.

Before the ceremony, His Highness visited the accompanying exhibition, which highlights Sharjah’s ancient commercial history and highlights the pivotal role played by the banking sector in supporting the emirate’s economic growth over the past fifty years.

The Investment Bank has strong liquidity levels, as the percentage of eligible liquid assets reached 21.1%, which is higher than the required regulatory ratio of 10%, and the capital adequacy ratio reached 20.2%, which provides a solid foundation for the financial position and its ability to continue growth and future expansion, in addition to effective collection strategies that achieved net recoveries of 91 million dirhams compared to a value of 120 million dirhams in the previous year, which demonstrates the bank’s disciplined executive capabilities in risk management. And its commitment to achieving sustainable value.

The investment bank’s vision for growth focuses on continuing its commitment to meeting the changing needs of customers in the UAE, through a deeper understanding of risks, supported by the use of information technology, and providing faster, simpler and cost-efficient banking services.

The bank also adopts flexible, integratable technology platforms to accelerate the launch of priority products while maintaining a customer-focused and fintech-enabled approach.

The ceremony was attended, alongside His Highness, by Sheikh Khalid bin Abdullah Al Qasimi, Chairman of the Sharjah Ports, Customs and Free Zones Authority, Halima Al Owais, Chair of the Advisory Council of the Emirate of Sharjah, a number of senior officials, members of the Board of Directors of the Investment Bank, and a group of shareholders and investors.

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