Ajman Bank, one of the youngest lenders in the UAE, on Wednesday posted net profit of Dh25.2 million for the first nine months of this year, representing an increase of 623 per cent from the same period in 2011.
Profit for the third quarter was Dh13.5 million up by 350 per cent from Dh3 million for the third quarter of last year. The third quarter profit also rose by 87 per cent compared to the profit of Dh7.2 million recorded during the second quarter of 2012, the bank said………………………………………..Full Article: Source