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Al Ansari Financial Services reports 5% increase in operating income to AED 578mln in H1 2023

Al Ansari Financial Services reports 5% increase in operating income to AED 578mln in H1 2023
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Al Ansari H1 net profit falls 2.5pc to $71.6m; Op income up 5pc

Al Ansari Financial Services has seen its first-half (H1) 2023 net profit fall 2.5% to AED263 million ($71.6 million) compared to H1 2022, largely driven by lower remittance margins, higher costs as well as an increase in financing costs.
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Al Ansari Financial Services sees dip in profits for H1 2023

Al Ansari attributed the drop in net profit to predominantly lowered remittance margins, higher costs as well as an increase in financing costs ....

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AFS and ZENJEX partner to boost payments offering to Bahrain's unbanked

Arab Financial Services (AFS) has signed an agreement with Zenj Exchange (ZENJEX), that will enhance AFS’s Wage Protection Scheme. ....

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AFS, Zenjex tie up to offer services to Bahrain's unbanked

Arab Financial Services (AFS) has signed an agreement with Zenj Exchange (Zenjex) that will enhance AFS’s Wage Protection Scheme (WPS) with a range of value-added payment services. ....

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