Arab Bank Group Achieves $818.1 Million Profit in Q3

The Arab Bank Group has reported robust financial results at the close of the third quarter of 2025, driven by sustainable growth across various banking sectors. The net profits post-tax reached $818.1 million by the end of September 2025, up from $748.6 million during the same period last year, marking a 9.3% increase fueled by heightened activity in core banking operations and an expanding customer base in the group’s primary markets.

The group’s assets grew to $76.8 billion by the end of the third quarter of 2025, representing an 8.9% rise compared to the third quarter of the previous year. Meanwhile, the net credit facilities portfolio stood at $37 billion at the end of the third quarter of 2025, compared to $34.1 billion in the same quarter last year, reflecting an 8.6% growth. Additionally, customer deposits increased by 8%, reaching $55.8 billion as of the end of the third quarter of 2025, compared to $51.9 billion in the third quarter of the previous year, indicating growing client confidence in the Arab Bank Group and the exceptional services it offers.

Sabih Masri, Chairman of the Arab Bank, stated that the strong performance achieved by the group by the end of the third quarter of 2025 exemplifies the Arab Bank Group’s unwavering commitment to executing its long-term strategy, which focuses on achieving sustainable growth and enhancing efficiency in managing liquidity, capital, and risk. He noted that these results reflect the Arab Bank Group’s ability to adapt to economic changes and overcome challenges while continuing to provide advanced banking solutions and services that meet the aspirations and needs of clients across diverse markets and operational conditions.

As part of its strategic expansion and growth, the Arab Bank Group has initiated operations in the Iraqi market through the Arab Bank Iraq since the beginning of this year, offering banking solutions and services to clients via its branches in Iraq. Furthermore, it is implementing its strategy aimed at enhancing wealth management and private banking services through the merger of “Guney Bank,” owned by Arab Bank Switzerland, with “ONE Bank” in Switzerland.

Business

Similar news

Emirates NBD Reports Quarterly Profit of 6.4 Billion with 3% Growth

حقق بنك الإمارات دبي الوطني صافي ربح 6.4 مليارات درهم في الربع الأول من العام الجاري بنمو نسبته...

Emsteel Announces Stability in Its Prices for Steel and Construction Materials

The Emsteel Group, a leading manufacturer of steel and integrated construction materials, has announced its commitment to supporting...

Dubai Taxi Acquires 600 New Taxi License Plates

Dubai Taxi Corporation, a leader in comprehensive mobility solutions in the city, has announced its acquisition of 600...

Bank and Real Estate Stocks Boost Dubai Market at the Start of Trading

The indicators of local financial markets exhibited mixed performance at the outset of trading on Thursday. The Dubai...