Muscat : Ahli Bank announced its financial results for the first quarter of 2026, recording a strong performance that reflects the robustness of its financial position and continued growth. This performance comes at a time when the global economy is facing increasing challenges, while the Omani economy continues its stable trajectory, supported by tangible progress in implementing economic diversification programs, which has enabled the bank to strengthen its presence as an active partner in supporting national development .

The National Bank continued to steadily implement its strategic priorities by participating in financing high-quality projects, enhancing its investments in digital transformation, and expanding its presence in the local market. This approach reflects the bank's commitment to strengthening its competitiveness and solidifying its position as an effective financial institution that contributes to supporting vital economic sectors and meeting the requirements of sustainable growth .

During the first quarter ending March 31, 2026, Ahli Bank continued to record strong financial performance, reflecting its robust position and stable growth rate, supported by a well-considered expansion of its balance sheet and a marked improvement in profitability indicators. Net loans, advances, and financing increased to OMR 3,553.7 million, a growth of 15.7%, driven by continued lending activity in key economic sectors. Total assets also increased by 17.8% to OMR 4,330.4 million, while customer deposits grew by 15.3% to OMR 3,406.2 million, reflecting the strength of the funding base and enhanced customer confidence .

On the revenue side, the bank continued to maintain its resilient operational performance, with operating income rising to OMR 30.56 million, representing an 8.2% year-on-year increase, driven by improved performance in core activities. Operating expenses, on the other hand, increased prudently to OMR 13.25 million, a 7.9% rise, reflecting continued investment in developing the corporate infrastructure and strengthening strategic capabilities. As a result, net profit for the period increased to OMR 10.81 million, registering an 11.3% growth compared to the same period last year, reflecting the efficiency and discipline of the bank's financial performance and underscoring its ability to achieve sustainable growth that supports its expansion plans .

Mr. Said bin Abdullah Al Hatmi, CEO of Ahli Bank, stated : “The bank’s performance during this quarter demonstrates our ability to achieve balanced growth that exceeds traditional financial indicators, reflecting our success in transforming the national economy’s trends into sustainable corporate value. In a rapidly changing and challenging business environment, we continue to solidify our role as a key enabler of industrial and digital transformation in the Sultanate of Oman by expanding our financing solutions and adopting innovative initiatives that support various sectors. We are also focused on building a more resilient and forward-looking institution capable of delivering long-term value to our shareholders and contributing effectively to supporting national projects and enhancing the competitiveness of the economy.”

Based on this progress, the National Bank strengthened its presence in supporting priority economic sectors, through participation in structuring the financing of a syndicated loan for a huge mining project, in a step that reflects its ability to manage complex financing operations and mobilize capital efficiently, in a way that supports industrial diversification trends and strengthens the productive base of the national economy .

The bank also continued to expand its contributions in key sectors by providing integrated real estate financing solutions, in addition to developing Sharia-compliant products through “Al-Ahli Islamic,” including project financing and financing for individuals, within an approach that reflects the integration of services and the bank’s response to changing market needs .

In addition, the National Bank of Egypt continued to accelerate its digital transformation by launching its instant supplementary loan service through its mobile banking application, along with the launch of the "ahliMarkets" Sharia-compliant investment platform, which provides customers with direct access to capital markets. This reflects the bank's commitment to leveraging modern technologies to enhance its services, thereby simplifying procedures, improving customer experience, and increasing operational efficiency .

The National Bank of Egypt has expanded its support for small and medium-sized enterprises (SMEs) by developing financial solutions tailored to freelancers, professionals, and small business owners, thereby facilitating their access to banking services and supporting their business growth. These efforts are part of a broader strategy to promote financial inclusion and empower emerging economic groups, thereby enhancing their integration into the economic landscape .

In addition, the bank continued to develop the value proposition offered to customers, by introducing flexible financing solutions that support homeownership and vehicle financing, along with launching strategic partnerships and initiatives aimed at strengthening the relationship with customers and providing a more integrated and sustainable banking experience .

Al-Ahli Islamic Bank’s participation in the Islamic Financial Services Board (IFSB) Summit confirms the bank’s commitment to aligning with international best practices, and its keenness to contribute to the development of the Islamic banking system and enhance its presence in the regional and international financial landscape .

In line with its operational priorities, the National Bank continued its efforts in the field of social responsibility, focusing on supporting economic inclusion, serving the community, and human development. During the holy month of Ramadan, the bank implemented a comprehensive package of community initiatives in cooperation with strategic partners, aiming to achieve a tangible and sustainable impact on various segments of society .

Among these initiatives was its collaboration with the Small and Medium Enterprises Development Authority (Riyada) in organizing the fourth edition of the National Bank Ramadan Market, which provided a platform for local businesses to enhance their commercial presence, expand their market access, and build direct connections with customers. The initiatives also encompassed the health sector, through partnerships with the Ihsan Association and the "Sanabader" team, providing home care services for the elderly, medical support for low-income groups, and contributing to the continuity of education for children undergoing treatment .

As part of its efforts to expand its community impact, Ahli Bank and Ahli Islamic provided direct support to families across the Sultanate's governorates through initiatives such as distributing essential supplies during Ramadan and the Eid Clothing Initiative. This underscores their commitment to supporting those in need and promoting the values of social solidarity. These efforts are rooted in a strong corporate culture of employee engagement, with the "Ahli Cares" team playing a pivotal role in fostering volunteerism and a sense of shared responsibility within the organization .

As the year progresses, the National Bank continues to steadily implement its strategic agenda, underpinned by strong institutional resilience, sound governance, and a long-term vision focused on sustainability. In a dynamic market environment, the bank is concentrating on developing its capabilities and enhancing the alignment of its products and services with market demands, while maintaining a balanced approach to risk management. This strengthens its readiness to meet challenges, seize opportunities, and deliver sustainable value that supports the national economy .

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