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Islamic Finance Briefing - Categorized | Banking, Performance more

Ajman Bank’s 1st operating quarter results beat forecast

Posted on 11 May 2009

From Khaleejtimes.com: Ajman Bank, the emirate’s first Islamic commercial bank, reported a loss of Dh11.6 million for the first operating quarter, beating expectations.

The results show a strong liquidity position of over Dh1.2 billion, helping the bank to pick-up healthy business opportunities in the future, within the overall boundaries of its risk appetite, a Press statement said…….Full Article: Source

 
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