ABC Bank announces its financial results for the first quarter of 2025

With a net profit of 76 million US dollars, return to the shareholders of the parent company
Today, the ABC Bank Group (Arab Banking Corporation, M.B.) – who traded its shares on the Bahrain Stock Exchange under the symbol “ABC” announced the financial results for the first quarter of the year 2025. The general group started with strong performance despite the existing economic challenges, achieving a net profit returning to the shareholders of the parent company of 76 million US dollars, an increase of 1% on a major basis compared to the same period last year. After adjusting the impact of foreign currency conversion differences, the average net profit increased* by a strong rate of 11% on an annual basis, which reflects the strong growth in the basic business of the group. Although the state of economic and geopolitical uncertainty continued, the group maintained its strategic focus towards achieving accelerated growth, while maintaining strong levels of capital and liquidity, discipline in costs, and the stability of credit allocations. ABC’s leadership in operating excellence, focus on customers, and innovation still has a widely and internationally grade. Among the recent awards the bank was: “The Best Bank in Trade Financing in Bahrain” among the Global Finance Awards for Best Trade Financing Banks in the world, and the “Best Financial Innovation Laboratory in the World” award for ABC Banking Laborators from Global Finance Magazine. ABC Islamic Bank also won the “Best Islamic Bank of Companies in Bahrain” and “Best Digital Offers from an Islamic Bank in Bahrain” from the Awards. ABC continues to prove its ability to adapt to these conditions and provide sustainable growth in the basic profits. 2025 $ 76 million, an increase of +1% compared to $ 75 million for the same period in the previous year. After adjusting the impact of currency fluctuations (the Brazilian riyal and the Egyptian pound), the rate of growth in the net profit +11.%• The profitability of one share for the period reached 0.022 USD, compared to 0.021 USD in the same period in the previous year. Million US dollars for the same period in the previous year. The results of the first quarter of the year 2025 have benefited from the rise in the Brazilian riyal exchange rate against the US dollar, while the results of the first quarter of the year 2024 were affected by the decline in the Egyptian pound against the US dollar. As for the total modified operating income for the first quarter of the year 2025, it amounted to 360 million US dollars, compared to 343 million US dollars for the same period in the previous year, i.e. an annual growth of +5% after amending foreign currency differences. Public budget: • The total property rights returning to the shareholders of the parent company and holders of permanent bonds reached 4,266 million US dollars at the end of the period, compared to 4,207 million dollars American at the end of 2024, after calculating the impact of profit distributions. 13.2% of the first category of capital. The liquidity coverage rate also reached 209% and the rate of clear and clear liquidity is 126%. ABC is one of the leading banks in the banking field in the region, and it is located in 15 countries across five continents, and provides its customers with innovative global solutions of financial products and services that include wholesale banking services for companies, whether under the umbrella of Islamic or traditional financing, how much also provides banking services for transactions, financing projects and structural financing Capital and financial markets and real estate financing for companies and financial institutions. The bank also provides retail banking services through its banking network in Jordan, Egypt, Tunisia and Algeria, and through the bank “to” available exclusively via smart devices in Bahrain and the application “to” in Jordan. Full financial statements and press statement are available on both the Bahrain Stock Exchange website and the ABC website. The bank will hold a virtual meeting for shareholders and investors to discuss the results of the first quarter of 2025 on May 15, 2025. Details and presentation are available on the bank’s website www.bank-abc.com.*On the basis of the average rate above, it is calculated after the amendment to the decrease in the currency value (on the basis of the fixed exchange rate). More detail is available in the presentation of the investors available on the bank’s website.
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