Financial Results
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Ajman Bank third quarter net profit drops by 45.6%
Ajman Bank’s net profit for the 2013 third quarter ending September 30 declined by 45.63 per cent to Dh13.7 million compared to Dh25.2 million in the same period last year, largely hit by higher impairment provisions and a drop in investment income. Though the bank’s net operating income at Dh180m…
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