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ABC Banking reports sustained growth, sees in 18.2 percent rise in profit as at March 31

Port Louis, 12 May 2026 – ABC Banking has posted robust financial results for the nine months ended March 31, 2026, reflecting the resilience of its business model and the continued trust of its customers.

During the period, the bank’s operating income reached Rs 833.9 million, up 25 percent from Rs 667.1 million in the corresponding period last year. This performance was primarily driven by a 45.6 percent rise in non-interest income, alongside a 19.5 percent growth in net interest income.

Profit after tax increased by 18.2 percent to Rs 197.0 million for the nine months ended March 31, 2026, compared with Rs 166.7 million for the same period last year.

Managing Director of ABC Banking Brian Ah-Chuen commented, “These results demonstrate the strength of our business model, the relevance of our 2030 strategy, and the continued commitment of our teams to customers. Despite a more volatile international economic environment, we are pursuing our growth trajectory with discipline and confidence, while continuing to invest in customer relationships and service quality.

These results reflect growing confidence in the bank, both locally and internationally. Customer deposits increased by 26.7 percent, rising from Rs 25.6 billion to Rs 32.4 billion, while the loans and advances portfolio grew by 6.5 percent to reach Rs 17.8 billion as at March 31, 2026, confirming the bank’s commitment to supporting both individuals and businesses.

The bank also continues to maintain strong financial fundamentals. Its Capital Adequacy Ratio stood at 16.1 percent as at March 31, 2026, well above the regulatory requirement of 12.5 percent, while its Liquidity Coverage Ratio reached 455 percent, underscoring the bank’s strong liquidity position.

In a global environment marked by geopolitical uncertainty and persistent inflationary pressures, ABC Banking remains firmly focused on growth while strengthening its value proposition for customers and partners.

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