United Arab Bank (UAB) has reported its financial results for the year ended December 31, 2025, with a net profit of AED 438 million for FY 2025 and AED 301 million for FY 2024, an increase of 45% year-on-year. The strong performance reflects the successful execution of our strategy, supported by significant asset growth, disciplined cost management and prudent risk management practices.
Gross profit increased 31% year-on-year to AED 797 million, driven by strong momentum across core businesses, including a 56% increase in non-interest income and a 24% increase in net interest income.
Total assets rose 26% year-to-date to AED 27 billion, supported by a 26% increase in loans, advances and Islamic finance, and a 31% increase in the investment portfolio, while customer deposits surged 31% year-to-date, reflecting growing customer confidence and a strengthened financial base.
Asset quality remained strong throughout the year, supported by strong recoveries that resulted in a net reversal of impairment charges of AED 51 million. Liquidity and funding ratios continue to comfortably exceed regulatory standards.
The Bank successfully raised capital of AED 1.03 billion through a full subscription rights issue during 2025, further strengthening its capital base. Additionally, UAB entered into a Dh1 billion senior unsecured dual tranche term loan facility in the last quarter of this year, increasing its financing flexibility and supporting its future growth ambitions.
UAB’s credit profile further strengthened in 2025, reflecting improved financial metrics and a robust risk framework. Moody’s raised the bank’s deposit rating to Baa2, and Fitch Ratings and Capital Intelligence each raised UAB’s viability and core financial strength ratings by one notch. All rating agencies maintain a “stable” outlook, underscoring their confidence in the Bank’s strategic direction, strengthened capital base, and overall financial resilience.
Sheikh Mohammed bin Faisal bin Sultan Al Qasimi, Chairman of the Board of United Arab Bank, commented on the bank’s performance:
“2025 was a decisive year for United Arab Bank, not only marking the golden jubilee of 50 years of United banking in the UAE, but also ushering in a new chapter in the bank’s evolution with the unveiling of a refreshed brand identity.
This proved to be a transformative time for UAB, powered by decisive strategic initiatives and solid financial performance. The Bank achieved solid operational profitability through disciplined execution, prudent risk management, and enhanced operating leverage. Building on the momentum generated throughout the year, net income achieved strong double-digit growth.
During the year, the Bank successfully raised capital of AED 1.03 billion through a rights issue, increasing its paid-in capital by approximately 50%. This was one of the largest capital increases executed in 2025 in terms of new capital raised compared to existing capital. This milestone significantly strengthens our capital position and strategically positions us to pursue sustainable growth opportunities with confidence.
Looking to the future, UAB’s priorities are clear. The aim is to deepen relationships with customers, accelerate digital and AI-powered transformation, strengthen governance and risk management, and deliver sustainable, long-term value for shareholders, while making a meaningful and responsible contribution to the UAE’s economic and social development. ”
Commenting on the bank’s performance, Shirish Beed, Chief Executive Officer of United Arab Bank, said: “United Arab Bank’s strong performance in 2025 will be supported by continued investment in our people, products, systems and processes, and the bank will “We ended the year on a solid footing and were able to build on the progress we have made so far. In 2025, the Bank marks a milestone in its 50-year journey since its founding in 1975. This occasion has been one of the most special and memorable since our founding.” Our new brand identity reflects our heritage while also projecting our progressive views and ambitions for a brighter future.
“We have made meaningful progress in our digital transformation efforts by releasing a completely revamped mobile banking app, forming a strategic fintech partnership to enable an AI-powered personal banking experience, and enhancing our digital onboarding journey and supply chain finance capabilities. These efforts strengthen our commitment to delivering secure, convenient, and modern banking solutions that enhance the customer experience and operational leverage and resiliency.”
“We remain firmly focused on leveraging our new brands to deliver strong, sustainable returns, drive innovation, improve the convenience of everyday banking, and raise the bar for exceptional customer service.”
