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Ajman Bank reports Dh107.4 million net profit for Q1-2024

Newsroom Editor by Newsroom Editor
May 11, 2024
in Business
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Ajman Bank reported an all-time high quarterly profit in Q1-2024 of Dh107.4 million.

This is due to a 7.0 per cent increase in total operating income to Dh400.3 million compared to Dh374.0 million in Q1-2023 and net operating income of Dh194.8 million.

Return on shareholder Equity (annualized) and Return on Assets (annualized) have doubled in Q1-2024…



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