Ajman Bank FY15 profit rises 71%

Dubai – Mubasher: Ajman Bank posted on Wednesday its financial results for the fiscal year 2015, which showed 71% growth in net profits.

The Dubai-listed lender generated AED 122 million ($33.2 million) in net profit, up from AED 71.4 million ($19.44 million) in FY14.

Financial results for the first nine months of 2015 previously reflected a 90.5% jump in net profit to AED 85.86 million, compared with AED 45 million in the prior-year period.

Mubasher Contribution Time: 20-Jan-2016 11:58 (GMT)