Thursday 06, February 2014 by Robin Amlôt

Ajman Bank reports overall loss of AED 16.18m

Ajman Bank reported a total comprehensive loss of AED 16.18 million for 2013, against total comprehensive income of AED 56.8 million a year earlier. Profits from banking activities were down 68 per cent to AED 10,599,000 and earnings per share down by more than two-thirds to AED 0.011 from AED 0.034.

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