Dubai: United Arab Bank (UAB) has announced its financial results for the nine months ended 30th September 2025. The bank posted a net profit of AED316 million for the first nine months of 2025, compared to AED212 million for the same period last year, representing a 49 percent year-on-year increase. Total income rose 28 percent year-on-year to AED580 million.
According to Emirates News Agency, the increase in net profit reflects significant growth in total assets across loans, advances and Islamic financing, and the investments book. The bank has maintained a disciplined approach to risk management, which has positively impacted its financial performance.
UAB's equity and capital were further strengthened through the successful execution of the rights issue, which increased the issued and paid-up capital by 50% to AED3.094 billion. The rights issue was fully subscribed, highlighting the trust and confidence that shareholders and investors have in the bank's future.
Credit rating agency Moody's attributed the upgrade in ratings to 'Baa2' to the bank's ongoing progress in implementing a new strategy and stronger credit metrics across asset quality, profitability, and solvency. Both Fitch and Capital Intelligence have recognized the improvement in UAB's financial and credit profile, with a one-notch upgrade in its Viability Ratings and Core Financial Strength, respectively.
These results underscore UAB's solid momentum and strategic readiness for the next phase of growth, following 50 years of serving its customers and the community. Shirish Bhide, Chief Executive Officer of United Arab Bank, stated that their performance reflects the disciplined execution of their growth strategy and transformation agenda. The bank remains focused on delivering sustainable growth and long-term value to its stakeholders.
Celebrating its 50th anniversary, UAB unveiled a new brand identity under the slogan 'United for You,' emphasizing its commitment to placing people at the heart of banking. The launch event, held at the Museum of the Future in Dubai, featured the bank's new logo and visual system, which align with its strategic vision of delivering innovative, customer-centric financial services.