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Islamic Finance Briefing - Categorized | Banking, Performance more

Ajman Bank loss-making streak likely to end this year

Posted on 06 August 2009

From Thenational.ae: Ajman Bank, the UAE’s newest publicly-listed lender, Wednesday reported a Dh13.6 million (US$3.7m) loss in the three months to June.

The Islamic bank, which listed shares on the Dubai Financial Market in February, said in a statement that the second-quarter loss was expected as it expands its branch network……….Full Article: Source

 
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