Sunday 16, July 2017 by Nabilah Annuar

Ajman Bank records a drop in net profit for the first half of 2017

Ajman Bank announces financial information for the first six months of the year.

In an announcement on the Dubai Financial Market, Ajman Bank reported a slight loss in net profirt for the first six months of 2017. The bank recorded AED 55.27 million in the first half this year, a slight dip from AED 62.7 million it made in the corresponding period last year.

As of 30 June 2017, the bank’s asset stood at AED18.34 billion, up from AED 16 billion it reported at the end of December 2016.

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