ABC Banking, the banking arm of ABCB Holdings, has delivered a strong financial performance for the year ended June 30, 2026. The bank reported significant growth in operating income, profitability, customer deposits, and total assets, while maintaining strong liquidity, prudent funding, and disciplined risk management. This performance reflects the bank's solid business model and customer confidence.
The bank's operating income increased by 26% to Rs 1.15 billion, driven primarily by net interest income, which grew by 21% to Rs 864.0 million. This growth is attributed to disciplined balance sheet management and stronger income generation from interest-earning assets. The bank's profit before tax for the year increased by 37% to Rs 402.6 million, reflecting continued underlying profitability despite higher operating expenses and a higher income tax expense.
ABC Banking's balance sheet also strengthened during the year, with total assets growing by 26% to reach Rs 42.1 billion as at June 30, 2026. Customer deposits increased by 27% to Rs 36.6 billion, reflecting continued customer confidence and a broader funding base. The bank's loans and advances to customers increased by 6% to Rs 19.1 billion, demonstrating its continued support for individuals and businesses while maintaining a prudent approach to credit.
According to Brian Ah-Chuen, Managing Director of ABC Banking, the financial year reflects another year of solid growth for the bank. He stated that the increase in operating income and profitability, together with the continued expansion of the balance sheet, reflects the strength of the business model and customer confidence. The bank remains focused on maintaining strong liquidity, prudent risk management, and disciplined growth.
ABC Banking's diversified business model enables it to serve a broad range of customers, with a strong focus on Private Banking and Global Banking. The bank maintained strong liquidity and funding levels throughout the financial year, with prudential ratios remaining comfortably above regulatory requirements. This solid foundation provides a platform for the bank's next phase of growth.
Looking ahead, Brian Ah-Chuen stated that the bank's focus for the year ahead is to build on its momentum and pursue responsible, sustainable growth. The bank will continue to invest in its people and technology to enhance customer experience by delivering solutions tailored to their aspirations. This approach is part of the bank's Vision 2030 strategy, which prioritizes creating sustainable long-term value for customers.
With a strengthened balance sheet, a growing customer base, a diversified business platform, and strong liquidity, ABC Banking enters the new financial year with a solid foundation for growth. The bank's performance reflects its commitment to disciplined growth, prudent risk management, and customer satisfaction. Key areas of focus include continued investment in technology and talent to drive sustainable growth and enhance customer experience.
Key points
- ABC Banking's profit before tax rises by 37% to Rs 402.6 million for the year ended June 30, 2026.
- The bank's operating income increases by 26% to Rs 1.15 billion, driven by net interest income growth.
- Customer deposits grow by 27% to Rs 36.6 billion, reflecting continued customer confidence.
