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الشارقة 24
Ajman Bank reports 263M dirhams profit
Ajman Bank achieved strong financial performance during the first half of 2026, recording a pre-tax net profit of AED 263 million, with a net profit after tax of AED 246 million, representing a 1% increase. The bank’s total revenues reached AED 880 million, a 17% rise, while net revenues amounted to AED 437 million, up by 10%. Efforts to expand non-funding income sources continue, now accounting for 25% of net income. The bank maintained a solid balance sheet, with assets valued at AED 33.9 billion, customer financing of AED 23.3 billion, and deposits increasing to AED 27.5 billion, reaffirming its commitment to supporting the UAE economy and achieving sustainable growth.
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