Ajman Bank profits decline 11% in Q2

Dubai – Mubasher: Ajman Bank posted a 10.5% year-on-year drop in its profits during the second quarter of 2017, according to a bourse statement.

Net profits reached AED 29.27 million ($7.97 million) in Q2-17, compared to AED 32.71 million ($8.9 million) in Q2-16.

In the first half of 2017, net profits rose 12% to AED 55.27 million from AED 62.72 million in the same half of 2016.

Mubasher Contribution Time: 13-Jul-2017 12:55 (GMT)
Mubasher Last Update Time: 13-Jul-2017 12:58 (GMT)