Ajman Bank’s year ended 31 December 2018 Net Profit Up by 28.2% compared to year ended 31 December 2017
Year ended 2018 net profit up by 28.2% to reach AED 170.0 million compared to year ended 2017 · Balance sheet growth of 13.1% to AED 22.6 billion compared to December 2017. · Distribution of 3.5% cash dividend approved by the general assembly and central bank. · AED 419.7 million share capital increase through right share issuance Ajman, UAE; March 6, 2019: Ajman Bank, the award-winning financial services institution committed to transforming the experience of Islamic banking, announced today its financial results for the year ended 31 December 2018, demonstrating continued positive...