Port Louis, 30 September: The ABC Banking has posted a strong financial performance for the financial year ended 30 June 2025, registering profit after tax to the tune of Rs 380.6 million, accounting for an increase of 48 percent as compared to Rs 257.7 million for the corresponding period of last year.
Operating income rose by 24.2 percent, showcasing a rise from Rs 849.6 million to Rs 1,054.8 million, primarily driven by a 12.3 percent increase in interest income, which reached Rs 1,439.2 million as compared to the financial year 2024 at Rs 1,281.3 million, largely supported by the expansion of the loan book to Rs 18 billion as at June 2025.
The increase in operating income also includes an exceptional item of Rs 146.5 million on account of the gain on disposal of the bank’s three properties as part of the corporate re-structure under ABCB Holdings Limited.
Moreover, deposits rose by 29 percent to hit Rs 28.8 billion as of 30 June 2025, compared to Rs 22.4 billion a year earlier, mainly driven by inflows from international banking customers.
The Cost-to-Income ratio also saw a significant improvement from 60 percent to 56.4 percent, benefiting from higher operating income as well as continued efforts to streamline operations, enhance productivity, and digital transformation.
Commenting on the results, Brian Ah-Chuen, Managing Director of ABC Banking, stated that the bank has continued to deliver a resilient performance while laying the foundations for future growth. “We remain committed to creating value for our stakeholders while pursuing operational efficiency and strengthening our position as a trusted partner in the financial sector,” he said.
The ABC Banking is a full-fledged commercial bank founded in 2010 and is the banking arm of ABCB Holdings Limited, a listed entity on the Official Market of the Stock Exchange of Mauritius. The bank has evolved rapidly in recent years, holding activities both in the local and international markets with a focus on four pillars: Personal Banking, Private Banking, Corporate Banking, and Global Banking. The bank has an international presence overseas with representative offices in Hong Kong and Dubai.
