Press releases, Reports & Disclosures for Al Ansari Financial Services PJSC

The text is about the consolidated financial statements of Al Ansari Financial Services P.J.S.C for the year ending on 31st December 2023.

Al Ansari Digital Pay, a subsidiary of Al Ansari Financial Services, has gained initial approval from the Central Bank of the UAE to launch a digital wallet. The wallet, which is part of the government's 'cashless society' initiative, is set to be introduced in Q2 2024. It aims to provide a secure and user-friendly platform for digital transactions. The wallet will allow peer-to-peer transfers, salary reception, domestic and international money remittance, bill settlement, and access to other digital services. The Group CEO of Al Ansari Financial Services, Rashed A. Al Ansari, stated that the digital wallet will greatly benefit their consumer base of over 4 million customers.

The press release announces the financial results for Q3 2023, which covers the period of nine months ending in November 2023.

The document provided is a third quarter review report and condensed interim consolidated financial statements for Al Ansari Financial Services PJSC and its subsidiaries. The report covers the nine-month period ending on 30th September 2023.