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Press Release
Ajman Bank’s AED 550 million Rights Issue saw an overwhelming response indicating oversubion of 7.4 times, with a total demand of AED 4.1 billion. The initiative attracted many international investment banks and local investors.
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Ajman Bank has announced the winner of the first grand prize of Ajman Bank’s Millionaire Savings Account.
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Ajman Bank has announced the appointment of Mustafa Mohammed Saeed Al Khalfawi as the new Chief Executive Officer
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Ethmar International Holding (EIH) has signed a strategic partnership agreement with Ajman Bank, one of the leading Islamic financial institutions in the UAE, as part of the preparations for listing EIH as a joint stock company in the UAE stock market
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At bank´s Annual General Meeting, Ajman Bank made several announcements. The General Assembly, chaired by H.H. Sheikh Rashid bin Humaid Al Nuaimi, Vice Chairman of Ajman Bank, approved the report of the Board of Directors and the report of the external auditor on the Bank´s activities.
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Ajman Bank, one of the leading Shariah-compliant banks in the UAE, has signed a strategic agreement with the PaaS enabler KMMRCE Pay.
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Ajman Bank has been awarded the Quality Assurance Certification for Internal Audit Function by KPMG. This new milestone comes following a rigorous external and independent evaluation of Internal Audit in accordance with the requirements of international standards
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Ajman Bank, one of the leading Shariah compliant banks in the UAE, has signed a partnership agreement with VaultsPay, a UAE Fintech Company to build and implement a highly innovative payments value proposition for businesses and individuals in the UAE. This partnership will form the basis of growth
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Ajman Bank has announced the opening of its new branch on Sheikh Zayed Road. The state-of-the-art facility, which has been designed to enhance the customer service with a modern look and feel, was inaugurated by Mr. Mohamed Amiri, Chief Executive Officer, Ajman Bank, accompanied by the higher manage
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Ajman Bank has reported net operating income of AED 668.1 million in 2021 compared to AED 614.7 million in the previous year (up by 8.7% YoY). Fees, commission and other income for the year ended increased to AED 106.0 million as compared to AED 48.8 million in the previous year (up by 117.2% YoY).
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