Ajman Bank announced net profit of Dhs4.5m for the first quarter of this year, representing a remarkable increase of 154 per cent from the same period in 2011.
Mohamed Amiri, Acting Chief Executive Officer, Ajman Bank, said: “Our objective is to build, maintain, and grow a stable Islamic banking franchise with a strategic focus on core businesses and a prudent approach to financing, to generate acceptable returns to our shareholders over the longer term”………………………………………..Full Article: Source