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Islamic Finance Briefing - Categorized | Banking, Performance more

Ajman Bank’s Q1 net profit up 171 pct

Posted on 10 May 2013

Ajman Bank posted a profit of AED 12.3 million for the first quarter of 2013, compared to a first quarter 2012 profit of AED. 4.5 million, a 171 per cent increase.
His Highness Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Bank, said, “The outstanding results Ajman Bank has achieved demonstrate our clear vision and strategy and the efficiency of our business model. Risk management is embedded at the centre of our business strategy and it has enabled the Bank to position itself appropriately for any upcoming challenges. ……………………………………Full Article: Source

 
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