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Follow on Google News | Ajman Bank sets highest Record in its history for the first half of 2024Ajman Bank sets highest Record in its history for the first half of 2024
By: EVOPS DMCC His Highness reviewed the bank's results for the first half of 2024, which showed that it achieved an all-time high half-yearly net profit of AED 216 Million up by 111%, supported by strong profit of AED 108 million in Q2 2024. This is on the back of a 12% increase in total operating income to AED 813 Million as compared to AED 729 Million in corresponding first half of 2023, and net operating income of AED 428 million - an increase of 2%. Return on shareholder Equity (annualized) The strong results are supported by a healthy balance sheet with Total Assets of AED 24.2 Billion, Customer deposits of AED 20.2 Billion and AED 2.9 Billion of Equity. End
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