Ajman Bank achieved 26% growth in profits for the first quarter of 2019 to reach 42.8 million dirhams, compared to 34 million dirhams in the same period in 2018. < / p>
According to the bank’s disclosure in the Dubai market, net operating income increased by up to 154 million dirhams in the first quarter of 2019 compared to 142 million dirhams in the same period in 2018.
The bank's assets increased by 11% in the first quarter, to reach 23.43 billion dirhams, compared to 21.14 billion dirhams in the corresponding period of 2018.
Customer deposits also recorded an increase of 16%, to 17.78 billion dirhams, compared to 15.37 billion dirhams during the comparative period.
Financing activities reached 16.51 billion dirhams, compared to 15.91 billion.
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