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Tuesday, 24 November 2009 15:09 UAE time

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Ajman Bank PJSC

Main Category: Commercial Bank
First Address : PO Box 7770
City : Ajman
Country : United Arab Emirates
Email: info@ajmanbank.net
Website: www.ajmanbank.net


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Ajman Bank posts AED22.1m loss for H1

Bank describes losses as ‘within management expectations’; says well-postioned to expand activities.

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Ajman Bank sees break even by Q4 or earlier - CEO

Lender, which began operations at start of 2009, aims to open 10 branches in 2010.

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Four senior Ajman Bank officials quit roles

Resignations will be effective from June 30; bank gives no reason for departures.

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Crisis looms for Islamic banks amid property downturn

Islamic banker warns of 'real threat' to industry if liquidity does not return by Q3.

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Al Ghurair Group seals loan facility

Syndicated loan facility to be used to fund further expansion of Dubai’s mixed use Al Ghurair City.

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UAE's Ajman Bank to focus on local market

Recently-listed Islamic lender says foreign growth may be delayed due to global crisis. 

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Ajman bank to focus on UAE market

Islamic lender, whose shares surged 5-fold on debut, to target domestic market in coming 5 years - CEO.

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Ajman Bank to list June 22

Islamic lender says will list shares on the DFM, after raising $149.8mn in February initial public offering.

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Abu Dhabi Islamic profit up as payouts fall

Sharia lender posts second largest profit ever as Q1 income rises 47% to $66.5mn.

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Losing the safety net

Daniel Stanton asks whether the region's state-owned banks are ready to adjust to their inevitable future under private sector ownership?

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Ajman to raise $149mn in IPO to create Islamic lender

Ajman Bank plans to open first branch in emirate, before moving into other UAE emirates.

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Ajman Bank to detail IPO plays Monday

Islamic lender aims to become UAE's seventh largest sharia-compliant lender with initial public offering.

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UAE firms queuing up to launch IPOs

Seven companies plan to sell shares in initial public offerings before July to raise $973mn, media reports.

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