Page 10 - AAE PR REPORT - AUGUST 2025

Press Release

Al Ansari Financial Services’ H1 2025 operating income

increases by 13% to a record AED 638 million

H1’25 Financial and Operational Highlights

• 13% YoY increase in Operating Income to AED 638 million attributed to the
consolidation of BFC Group results from Q2 2025 (post acquisition) and the robust

performance across the majority of business lines.

• 11% YoY increase in EBITDA to AED 287 million with an EBITDA Margin of 45% due
to increase in operating income.

• Net profit after tax increased by 3% YoY to AED 212 million due to the increase in

operating income arising from the consolidation of BFC Group results, offset by the
increase in finance cost as a result of the shareholder’s loan availed for the BFC acquisition.

• Total Transactions increased by 10% YoY to 28 million transactions.

• Outward Remittances value of transactions saw a 12% increase YoY.
• Bank Notes value of transactions reported a 105% increase YoY.

• Wage Protection System (WPS) number of salary disbursals saw a growth of 25% YoY.

• Digital channels reported an increase of 30% YoY in the number of transactions,
accounting for 23% of the overall outward remittances.

Expansion in line with the Group’s strategy and ambition, solidifying its market

leadership position and regional plans.

• The Group’s total number of physical branches reached 439 in H1’25, with Al Ansari

Exchange reaching a total of 274 branches in UAE, as a result of 15 net new branches since
H1’24 and 165 net branches acquired as part of BFC, across Bahrain, Kuwait and India.