Ajman Bank losses shrink 28% in H1

05 August 2010

Ajman Bank has said its losses in the first half of 2010 decreased 28% to Dhs15.968m, compared to Dhs22.170m for the corresponding period last year. Total assets grew 42% to Dhs2.595bn at the end of June 30, 2010, from Dhs1.5bn for the corresponding period last year. Customer deposits also rose to Dhs1.425bn during the period from Dhs786.65m at the end of December 31, 2009.

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