‎Derayah CEO: D360 Bank expected to break even in Q4 2027

‎Derayah CEO: D360 Bank expected to break even in Q4 2027 ‎Derayah CEO: D360 Bank expected to break even in Q4 2027

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Mohammed AlShammasiCEO of Derayah Financial

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Mohammed AlShammasi, CEO of Derayah Financial, expects D360 Bank, in which the company held a 20.4% stake as of March 31, 2026, to reach financial breakeven in Q4 2027.

In an interview with Al Arabiya, AlShammasi said Derayah is still completing its integration with the digital bank. Work has begun on integrating back-office systems, while front-office integration is currently being enhanced.

 

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Mohammed AlShammasiCEO of Derayah Financial

Mohammed AlShammasi, CEO of Derayah Financial, expects D360 Bank, in which the company held a 20.4% stake as of March 31, 2026, to reach financial breakeven in Q4 2027.

In an interview with Al Arabiya, AlShammasi said Derayah is still completing its integration with the digital bank. Work has begun on integrating back-office systems, while front-office integration is currently being enhanced.

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