Al Ansari Financial Services records more than 30% growth in transaction volumes

Al Ansari Financial Services, one of the leading integrated financial services groups in the UAE, is pleased to announce that during the first quarter of 2023, Al Ansari Exchange’s digital channels recorded more than 30% growth in digital remittance transactions compared to the same period last year. 

In March 2023, the company’s digital channels broke records by achieving an unprecedented number of transactions, reaching 340,000 in total.

This remarkable growth is a testament to the convenience and reliability of the Al Ansari Exchange app and digital channels, enabling users to carry out various financial transactions at their convenience. The Al Ansari Exchange app has been designed with cutting-edge technology and user-friendly features to make money transfers and other financial management services more accessible and convenient for customers.

Commenting on the recent development, Rashed A. Al Ansari, Group CEO of Al Ansari Financial Services, said, “We are delighted to see such a significant growth in transactions made through our digital channels. This reflects our commitment to providing our customers with innovative, seamless money transfer solutions that meet their evolving needs.”

He further added, “We have developed our digital channels to simplify and streamline the mobility of money and offer a range of features that enable customers to carry out their financial transactions conveniently and securely. We will continue investing in technology and innovation to enhance our customers’ experience and provide the best-in-class service to them.”

Al Ansari Financial Services is committed to constantly strengthening its market share within the remittances sector by investing in digital solutions and expanding its services through its branch network, which is considered the largest exchange sector in the UAE. Al Ansari Financial Services remains committed to delivering innovative and customer-focused solutions that meet the evolving needs of its customers.