Bank ABC’s 2026 AGM approves US$ 85.1 million dividend and capital strengthening action to support future growth

Bank ABC (Arab Banking Corporation B.S.C) held its Annual Ordinary General Meeting (AGM) and Extraordinary General Meeting (EGM) virtually on 26 March 2026. The meetings were chaired by the Group Chairman, H.E. Naji Belgasem.

During the AGM, the shareholders approved, amongst other resolutions, the Bank's consolidated financial statements for the year ended December 31, 2025, with net profit attributable to shareholders of parent of US$ 257 million, underpinned by a resilient performance with total revenue crossing US$ 1.4 billion. They also approved the Board’s recommendation to distribute a dividend of US$ 85.1 million, approximately 33% of the Group’s annual profit, with a retention of 67% of net profit to strengthen capital and support future growth.

During the EGM, the shareholders approved an AT 1 issuance of up to US$ 200 million, reinforcing the Group’s commitment to maintaining robust capital ratios while supporting future growth.

H.E. Naji Belgasem, Group Chairman, stated, “The Group’s performance in 2025 reflects the resilience of our strategy, the quality of our franchise and the disciplined execution of our long-term priorities. As we look ahead, we remain focused on sustainable growth, maintaining strong capital and liquidity, and continuing to support our clients across our markets. The approvals at this year’s AGM and EGM further strengthen the Group’s capital base and position the Bank to pursue its strategic objectives with confidence, while continuing to navigate the challenging geopolitical environment with resilience, effectively serving the Group’s customers and shareholders.”