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    AJMANBANK   AEA003201018


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Ajman Bank : has been awarded the prestigious “Critics' Choice Most Improved Islamic Retail Bank 2016”

12/22/2016 | 04:14am EDT

Ajman Bank has been awarded the prestigious 'Critics' Choice Most Improved Islamic Retail Bank 2016'

Tuesday, 06 December 2016, Ajman - UAE

Ajman Bank has been named Best 'Critics' Choice Most Improved Islamic Retail Bank 2016' for the year 2016 in the 8th annual edition of World Islamic Retail Banking Conference. This gathering that was held on November 28th 2016, at The Dusit Thani Hotel in Dubai brought together global Islamic retail bankers, regulators, shari'ah scholars and banking technology experts from the leading regional and international Islamic retail banks to tackle the latest innovations and best offerings in financial services technology and to discuss the most sensitive issues surrounding the Islamic retail banking sector in the Middle East and beyond.

Hisham Hammoud, Executive Vice President, Chief Business Officer at Ajman Bank, has received the award on behalf of the bank, The Critics' Choice Most Improved Islamic Retail Bank 2016 award aims to celebrate the achievements and recognize the contribution of individuals and institutions in the Islamic retail banking and finance industry.

From his side, Mohamed Abdul Rahman Amiri Chief Executive Officer of Ajman bank commented: 'This conference is considered one of the most prominent worldwide meetings which bring together experts in the Islamic banking industry and give them the opportunity to shed the light on recent developments, to discuss the innovative strategies of Islamic retail banking and find out outcomes that serve Islamic banking and enhance its role in economic and social development; and this award is yet another milestone in the successful journey of Ajman Bank.' 'Our dedicated staff are the driving force behind the Bank's success and this award represents one important way of saying thank you and well done.'

Furthermore, This yearly conference has featured more than 200 industry minds and 40 guru speakers coming together to engage in in-depth dialogues, discuss market trends and deliberate over the future of Islamic Retail Banking.

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Ajman Bank PROFILE

Ajman Bank is a young, agile Islamic commercial bank built on the values of integrity, trust and transparency. The first Islamic bank incorporated in the Emirate of Ajman, the Bank was established in 2007. Its shares were listed on the Dubai Financial Market in February 2008 and the Bank opened officially and started operations in 2009 from two branches in Ajman. The Bank now has branches and ATMs across the UAE.

With our strategy of targeting the rapidly expanding Shari'ah financial services market, Ajman Bank provides a wide range of value-driven banking services in the UAE for individual, business and government clients, all in compliance with Shari'ah principles. Ajman Bank seeks out the market's best products, people and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking.

Headquartered in Ajman, the Bank is strongly supported by the Emirate's Government, which owns 25 per cent.

Ajman Bank is a keystone in Ajman's economic development strategy and in a position to benefit from the Emirate's growth and potential like no other. Ajman Bank is committed to becoming a sustainable organization in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers.

Ajman Bank PJSC published this content on 06 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 December 2016 09:13:06 UTC.

ę Publicnow 2016
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Sales 2021 719 M 196 M 196 M
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 1 575 M 429 M 429 M
Capi. / Sales 2021 2,19x
EV / Sales 2022
Nbr of Employees -
Free-Float 53,3%
Duration : Period :
Ajman Bank PJSC Technical Analysis Chart | AJMANBANK | AEA003201018 | MarketScreener
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 1
Last Close Price 0,75 AED
Average target price 0,78 AED
Spread / Average Target 4,00%
Managers and Directors
Mohammed Abdul Rahman Amiri Chief Executive Officer
Seifeldin Abdelkareem Chief Financial Officer
Ammar bin Humaid Rashed Al-Nuaimi Chairman
Hajar Mohamed AlMaazmi Head-Information Technology
Salem Al-Shamsi Chief Operating Officer
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