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Islamic Finance Briefing - Categorized | Banking, Performance more

Ajman Bank income climbs 100pct

Posted on 12 May 2011

Ajman Bank reported a 100 per cent growth in its first-quarter income to Dh49.5 million compared to Dh24.7 million in the corresponding period of 2010. As of March 31, customer deposits stood at Dh2.83 billion compared to Dh2.02 billion at the end of 2010, an increase of 40 per cent.
Ajman Bank’s total assets at the end of the first quarter stood at Dh4.2 billion, an increase of 30 per cent compared to Dh3.23 billion at the end of the fourth quarter of 2010……………………………………….Full Article: Source

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