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Al Ansari Financial Services Approves AED315mln Cash Dividend and Prepares for Acquisition of BFC Group Holding

Mar 21, 2025•about 1 year ago

Contract Type

partnership

DubaiFinancial ServicesFinanceFintechLendingBanking

Description

Al Ansari Financial Services shareholders have approved a total cash dividend of AED 315 million for 2024, representing approximately 78% of the company’s net profit after tax. Additionally, the company is preparing to finalize the acquisition of BFC Group Holding for AED 735 million, which will significantly expand its regional presence and enhance its financial performance.

Company Information

Company

Al Ansari Financial Services PJSC

Location

Dubai, United Arab Emirates

About

Al Ansari Financial Services PJSC is a leading financial service provider in the UAE. The company offers a comprehensive range of exchange services and remittance solutions. It is committed to delivering value to its shareholders while maintaining strong financial performance. Al Ansari is known for its robust growth strategy and market leadership in the financial sector.

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