Ajman Bank reported a net profit before tax of AED 134 million and a net profit after tax of AED 130 million for the first quarter of 2026, driven by a 22% year-on-year increase in total revenue to AED 443 million.
Key profitability metrics improved during the period, with Return on Equity (ROE) rising 30 basis points to 15.5% and the non-performing financing ratio declining by 47 basis points to 6.5%.
Customer financing grew 9% to AED 23.2 billion and total deposits reached AED 28 billion, supported by a 16% quarter-on-quarter increase in current account and savings account (CASA) balances.
The bank launched its "Ajman Bank One" mobile application on April 10, 2026, and is scheduled to launch a dedicated corporate digital platform, "Ajman Bank One Corp," in the second quarter of 2026.
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