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Ajman Bank Records Strong Performance with Dh352 Million Profit in First Nine Months of 2026

Wed, Oct 28, 2026(2h ago)Business

Ajman Bank has announced a robust financial performance for the first nine months of 2026, posting a net profit of Dh352 million before tax. This growth was driven by a 12 percent year-on-year rise in total revenue, which reached Dh1.35 billion, bolstered by a significant uptick in customer financing and enhanced asset quality. Under the leadership of Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Bank, the institution also saw its total assets climb to Dh35.8 billion. Furthermore, the bank’s non-performing financing ratio dropped notably to 5 percent, reflecting a disciplined approach to risk management and operational efficiency.

The bank continues to focus on long-term sustainability and digital transformation to enhance its service offerings. CEO Mustafa Al Khalfawi highlighted that the current results are a testament to the bank's successful strategic execution, which includes ongoing investments in automation to improve the overall customer experience. Moving forward, Ajman Bank remains committed to maintaining financial stability and providing Shariah-compliant solutions for its diverse client base, ensuring it continues to contribute positively to the economic growth of Ajman and the wider United Arab Emirates.

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