Abu dhabi: H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank, chaired a meeting of the Bank's Board of Directors to review the financial results for the nine months ending 30 September 2025. The meeting also focused on discussing strategic priorities that aim to sustain growth and achieve long-term value creation.
According to Emirates News Agency, Ajman Bank reported a profit before tax of AED 414 million, marking a 32% increase compared to the same period last year. The profit after tax reached AED 380 million, which is a 31% rise year-on-year. Total operating income amounted to AED 1.2 billion, and net operating income stood at AED 660 million, indicating robust performance across core business segments and disciplined execution of its growth strategy.
H.H. Sheikh Ammar emphasized that Ajman Bank's performance for the first nine months of 2025 demonstrates the effectiveness of its strategy and its increasing contribution to the UAE's financial landscape. He noted that the Bank continues to play a vital role as a catalyst for sustainable economic development and value creation within the broader community.
The 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 grew by 14% to AED 20.6 billion, while shareholders' equity reached AED 3.4 billion, an 8% increase year-to-date, highlighting continued balance-sheet growth and stable funding momentum.
The Bank maintained strong capital and liquidity positions, 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%, and Return on Assets (ROA) reached 2.0%. The Cost-to-Income Ratio was at 44.8%, reflecting ongoing investment in technology, digital transformation, and operational efficiency.
Ajman Bank's asset quality improved, with the Non-Performing Loans (NPL) Ratio declining to 7.7% and the Real Estate Ratio reduced to 31.9%, supported by effective credit-risk management and portfolio diversification.
Mustafa Al Khalfawi, Chief Executive Officer of Ajman Bank, stated that the nine-month results demonstrate Ajman Bank's operational strength and consistent delivery against strategic priorities. He highlighted the Bank's focus on enhancing efficiency, optimizing its balance sheet, and expanding its digital ecosystem to drive sustainable growth and long-term stakeholder value.
Ajman Bank continues to advance its sustainability and innovation agenda in alignment 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 its Net Zero Emission target by 2050, reinforcing its vision to create a lasting, positive impact on the economy and society.