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Reading: Ajman Bank reports over $36mn net profit in Q1 2025
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Home » Blog » Ajman Bank reports over $36mn net profit in Q1 2025
UAE

Ajman Bank reports over $36mn net profit in Q1 2025

Aisha Al Habibi
Aisha Al Habibi
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Ajman Bank reported greater net profits to $ 36.6 million (AED 134.67 million) in the first quarter of 2025, more than 25 percent increases from 107.42 million AED in the same period of delay of the year.

However, Bank’s operational revenues registered a two percent marginal increase to the AEDs 198.91 million as or March 31, 2025.

Its total assets jumped to AED 24.49 billion in the first quarter of 2015 from 22.85 billion AED at the end of December 2024.

Mustafa al Khalfawi, CEO of Ajman Bank, said that the results of the bank’s first quarter reflect the strength of its continuous transformation and ability to offer consistent yield and driven by value.

“We are still focused on creating a long -term value for our shareholders while we continue to invest in innovation, human capital and client -centered solutions,” he said.

The Bank quoted in DFM became profitable in AED 439.77 million in 2024, against net losses valued at AED 390.35 million in 2023.

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