Ajman Bank Reports AED 414 Million Profit Before Tax For First Nine Months Of 2025
H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Bank, led a board meeting to review the bank's financial performance for the first nine months ending 30 September 2025. The discussion focused on strategic priorities to sustain growth and create long-term value. Ajman Bank reported a pre-tax profit of AED 414 million, marking a 32% increase from the previous year.
Ajman Bank's total assets increased by 23% since the end of 2024, reaching AED 28.0 billion. This growth was supported by a 20% rise in total financing to AED 18.5 billion. Customer deposits also grew by 14%, amounting to AED 20.6 billion, while shareholders’ equity rose by 8% year-to-date to AED 3.4 billion, highlighting continued balance-sheet expansion and stable funding momentum.
The bank's net operating income stood at AED 660 million, reflecting robust performance across its core business segments and disciplined execution of its growth strategy. Total operating income reached AED 1.2 billion during this period. H.H. Sheikh Ammar stated that Ajman Bank’s performance underscores its effective strategy and growing contribution to the UAE’s financial landscape.
Capital and liquidity positions remained strong with a Capital Adequacy Ratio (CAR) of 16.9% and a Tier 1 Capital Ratio of 15.8%. Return on Equity (ROE) improved to 15.6%, up by 276 basis points, while Return on Assets (ROA) reached 2.0%, increasing by 30 basis points. The Cost-to-Income Ratio was at 44.8%, reflecting ongoing investments in technology and operational efficiency.
Ajman Bank is advancing its sustainability agenda in line with Ajman Vision 2030 and the UAE’s national economic transformation goals. The bank remains committed to its AED 4 billion Sustainable Finance pledge by 2030 and aims for Net Zero Emissions by 2050, reinforcing its vision for a lasting positive impact on the economy and society.
Asset quality showed improvement as well, with the Non-Performing Loans (NPL) Ratio declining to 7.7%, down by 801 basis points, and the Real Estate Ratio reduced to 31.9%, down by 219 basis points, due to effective credit-risk management and portfolio diversification strategies.
Mustafa Al Khalfawi, CEO of Ajman Bank, remarked: "Our nine-month results demonstrate Ajman Bank’s operational strength and consistent delivery against strategic priorities." He emphasized their focus on enhancing efficiency, optimizing the balance sheet, and expanding their digital ecosystem for sustainable growth.
The bank continues to play a pivotal role as a catalyst for sustainable economic development within the community, aiming for long-term stakeholder value creation through strategic initiatives aligned with national goals.
With inputs from WAM
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