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Ajman Bank impairment charges more than double
(CPI Financial - 30/01/2017)

Ajman Bank reported profits for 2016 up 2.8 per cent at AED 125.5 million. Net operating income rose 19.8 per cent to AED 505.3 million. However, the bank also saw a jump in impairment charges on finance, rising from AED 60.9 million in 2015 to AED 132.5