Page 92 - AAE PR REPORT - APRIL 2025

4/14/25, 9:13 AM Al Ansari Finalises BFC Group Acquisition
Market Position: AAFS now leads the NBFI sector in the GCC, with dominant positions in remittances and foreign
exchange.
Geographical Expansion: The Group secures a leading position in Bahrain, ranks third in Kuwait, and extends its
reach in India.

Digital Growth: BFC’s fintech capabilities align with AAFS’s digital strategy, enhancing customer engagement.
Operational Synergies: The integration is expected to yield economies of scale, drive cost efficiencies, and support
revenue growth.

This acquisition significantly boosts AAFS’s scale, regional diversification, and digital capabilities, delivering long-term
value to shareholders, clients, and employees.

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