Forty-five national banks contributed a total tax amount of 4.26 billion dirhams for the first quarter of 2025. This was after their reports on profits before tax deductions.
Some banks also noted that they continue to comply with all financial obligations to their shareholders and tax authorities, adhering to all standards and legislation. "We strive for transparency in financial reporting and believe that tax contributions are an important element of our operations," highlighted one of the bank representatives.
This payment from 15 banks reflects their responsible attitude towards tax payments and their commitment to meet all legal requirements in the financial sector.
