Thursday 20 June 2013
 
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Ajman Bank

Ajman Bank signs up UK firm for key services

Ajman Bank, an Islamic bank based in the UAE, said it has signed an MoU with On-Corp-Inc to deploy key retail banking-focused business intelligence systems, data services and sales advisory services. The UK-based On-Corp-Inc provi

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Etisalat inks services deal with Ajman Bank

Leading UAE telecom operator Etisalat has signed an agreement with Ajman Bank for provision of telecommunications and information technology solutions. As per the deal, Etisalat will assist Ajman Bank in developing its telecommunicati

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Ajman Bank 2011 net profit soars 75pc

Ajman Bank, an award-winning Islamic financial services institution, has reported a net profit of Dh7 million ($1.905 million) for 2011, a year-on-year increase of 75 per cent compared to the Dh4 million profit reported in 2010. The bank a

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Ajman Bank appoints acting CEO

Ajman Bank, a leading Islamic commercial bank, has appointed Mohamed Amiri as acting CEO. He replaces Mubashar Khokhar, the previous CEO, who has resigned from his position with the bank citing personal reasons as the motivation for his de

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Ajman Bank appoints new VP

Ajman Bank has announced the appointment of UAE-national, Marwan Ibrahim Al Zarooni, as vice president – head of branches in the Emirate. Al Zarooni brings to his new role nearly 20 years of experience gained working in the financial servi

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Ajman Bank names new risk officer

Ajman Bank, a leading Islamic banking institution, recently appointed Talal Soubra as its new chief risk officer (CRO). Soubra brings to the role 26 years’ experience in the banking industry, gained with leading local and international ban

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Ajman Bank’s Q2 income up 69pc

Ajman Bank, an award-winning financial services institution, reported strong growth in operating income over the second quarter (Q2) of 2011. The bank's net income for the three months ending June 30, 2011, reached Dh48.5 million ($13.2 mi

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MAF, Ajman Bank ink payroll services alliance

Majid Al Futtaim (MAF) Finance has signed a collaboration with Ajman Bank that will offer a technology platform to companies involved in providing payroll services. Payroll services providers, such as exchange houses, banks and specialised

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Ajman Bank launches ladies banking service

Ajman Bank, a leading Islamic ban, has launched a ladies banking service that has been designed by the bank to meet the professional requirements and lifestyle needs of women across the UAE. Mahra, which is Arabic for filly, offers signifi

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Ajman Bank doubles Q1 income

Ajman Bank, a leading Islamic bank in the UAE, has posted an income of Dh49.5 million ($13.47 million) in the first quarter of 2011, compared to Dh24.7 million in the corresponding period of 2010, an increase of 100 per cent. As of March 3

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