Khaberni - ABC Bank (Arab Banking Corporation B.S.C.) held its regular and extraordinary general assembly meetings electronically on March 26, 2026, chaired by the chairman of the group's board, His Excellency Mr. Naji Belkasem.
During the regular general assembly meeting, among other resolutions, shareholders adopted the bank's consolidated financial statements for the fiscal year ended December 31, 2025, which reported net profits attributable to the parent company shareholders of $257 million US, supported by resilient performance; total revenues exceeded the $1.4 billion US mark. Shareholders also approved the board's recommendation to distribute cash dividends amounting to $85.1 million US, equivalent to about 33% of the group's annual profits, with 67% of net profits retained to strengthen the capital base and support future growth.
At the extraordinary general assembly meeting, ABC Bank received shareholder approval for the issuance of Tier 1 capital bonds worth up to $200 million US, a step that reaffirms the group's commitment to maintaining strong capital ratios, while continuing to support its sustainability and leadership journey.
During the meetings, His Excellency Mr. Naji Belkasem, chairman of the group's board, stated: "The group’s performance in 2025 demonstrates the resilience of our strategy, the value of our business network, and our strict commitment to executing our long-term priorities. As we look to the future, our focus remains on achieving sustainable growth, maintaining strong levels of capital and liquidity, and continuing to support our customers across all our markets. The approvals adopted at this year's regular and extraordinary general assembly meetings enhance the capital base of the group, positioning it to move confidently towards achieving its strategic goals, while continuing to flexibly deal with geopolitical challenges, and efficiently serve the group's customers and shareholders."
