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Ajman Bank reports profit of Dhs266 million in the first half
Gulf Today
|July 24, 2025
Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank, chaired the Bank's Board of Directors meeting to review key financial and administrative matters, and issue resolutions on commercial activities.
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Ajman Bank announced a profit before tax of Dhs266 million for the first half of 2025, marking a 14 per cent increase compared to the same period in 2024, driven by sustained focus on core business performance, increased financing activity, and improved operational efficiency.
Ajman Bank delivered a Total Operating Income of Dhs751 million, while net operating income reached Dhs399 million.
The Bank's total assets increased by 17 per cent compared to year-end 2024 to Dhs26.6 billion, supported by a 6 per cent growth in the financing portfolio to Dhs17.8 billion.
Customer deposits reached Dhs20 billion, up 11 per cent year-to-date, reflecting continued growth across Consumer and Wholesale business segments. The Bank's total shareholders’ equity rose to Dhs3. billion, up 4 percent year-to-date.
This story is from the July 24, 2025 edition of Gulf Today.
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