Ajman Bank approves 3.5% cash dividend

05/02/2018 05:58 AST

Ajman Bank said on Sunday that its board had approved a 3.5 per cent cash dividend.

Ajman Bank reported a net profit of Dh132.61 million, up 5.63 per cent compared to Dh125.54 million in 2016.

While the bank made significant savings in staff costs, which supported the full-year profits, impairment charges shot up 47.7 per cent to Dh195 million in 2017, compared to Dh132 million, impacting profit growth.


Gulf News

News

Ajman Bank signs MoU with GII-REIT

27/03/2018

Ajman Bank has signed a Memorandum of Understanding (MoU) with GII-REIT, through which the bank will offer the investment in the fund to its customers. GII-REIT is the first real estate investment tr

Oman Daily Observer

Ajman Bank reports Dh132.61m in net profit

22/01/2018

Ajman Bank on Sunday reported a net profit of Dh132.61 million, up 5.63 per cent compared to Dh125.54 million in 2016.

While the bank made significant savings in staff costs that supported t

Gulf News

UAE's Ajman Bank obtains $200 million Islamic loan

09/10/2017

United Arab Emirates' Ajman Bank obtained a $200 million syndicated Murabaha financing which was coordinated by Emirates Islamic, it said on Monday.

Al Hilal Bank, Dubai Islamic Bank and S

Reuters

Most Viewed Companies

Ticker Price Volume
NAYIFAT 13.94 229,739
RIBL 24.84 6,676,931
ABC 0.35 370,000
ALRAJHI 85.00 7,711,297
A.OTHAIMMARKET 11.90 545,416
ZAINKSA 10.82 1,868,409
IHGS 4.20 344,581

Valuation

AJMANBANK Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
IHC 407.00 -5.90 (-1.43%)
FAB 13.58 -0.18 (-1.31%)
EMIRATESNBD 20.35 0.10 (0.49%)
DIB 6.28 0.08 (1.29%)
ADCB 8.68 0.00 (0.00%)

Recent News

EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

logo

Financial Information Co.

(MITCO), P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap