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FINANCIAL NEWS
Ajman Bank revenues drop by 18pct
27 Jan 2017
(MENAFN) Ajman Bank posted a profit of almost 18 percent in the fourth quarter of 2016, compared with the same period of 2015.
Moreover, revenues reached USD8mn in the cited period, against USD9.8mn amid the same period of 2015.
In addition, as for the full year 2016, Ajman Bank recorded a 2.8 percent increase to AED125.545mn from AED122.075mn in 2015.
Meanwhile, profits in the Jan-Sep period increased by 11.5 percent to AED95.8mn, compared with AED85.9mn in 2015.
MENAFN2701201700450000ID1095219207
MENAFN2701201700450000ID1095219207
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