In addition to achieving the strategy presented in 2015, our goal is to become a leading UAE finance house with unique opportunistic debt origination capabilities.
We are highly focused on a number of core objectives, including:
- Generating profitable and compliant growth
- Maximizing recoveries from legacy lending
- Reducing our fixed cost base
- Strengthening our capital position
- Improving control and compliance environment
Notably, we have made tangible progress on all these fronts.
Accordingly, we are committed to performing in the most pragmatic and responsible way with all our customers while abiding by the UAE Central Bank regulations. We believe that when conducting our business activities, we must perform with the highest professional standards and integrity. Our focus on ethical behavior and compliance remains an ongoing priority.
Our commitment to shareholders has also been demonstrated with a record AED 40 Million dividend approved at the company’s AGM in March 2017.