AJMAN: At its Annual General Meeting (AGM), which was presided over by Sheikh Rashid Bin Humaid Bin Rashid Al Noaimi, Vice Chairman of the Bank’s Board of Directors, the General Assembly of Ajman Bank authorized the payment of cash dividends to shareholders in the amount of 50% of the net profit for the fiscal year that concluded on December 31, 2025, which is equal to 9.18% of the Bank’s paid-up capital.
The approval of the dividend comes after the Bank had a record fiscal year, with net profit before taxes reaching Dhs548 million, up 25% from the previous year, and net profit after taxes reaching Dhs500 million. With a 44% increase in total assets to Dhs32.9 billion, the Bank’s strong financial position and consistent performance momentum were highlighted.
Ajman Bank’s ongoing progress in advancing its strategic priorities, achieving disciplined balance-sheet growth, and strengthening its capital base was highlighted at the General Assembly meeting. These developments support the bank’s ability to deliver sustainable shareholder returns while upholding a responsible risk-management framework.
The UAE banking sector continues to operate from a position of stability and strength, supported by established regulatory frameworks and a resilient economic environment,” said Sheikh Rashid Bin Humaid Bin Rashid Al Noaimi. Financial institutions are essential for promoting national development goals, facilitating financial flows, and sustaining economic activity.
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