Company Ajman Bank

Equities

AJMANBANK

AEA003201018

Banks

Market Closed - Dubai FM 06:55:00 2024-03-29 am EDT 5-day change 1st Jan Change
1.85 AED -0.54% Intraday chart for Ajman Bank -2.12% -11.06%

Business Summary

Ajman Bank PJSC is a United Arab Emirates-based public shareholding company engaged in banking, financial and investment activities according to Islamic Sharia principles. The Bank offers its products through various Islamic instruments, including Murabaha, Wakala, Sukuk and Ijarah. The Bank operates through three business segments: The Retail banking segment offers current accounts, savings accounts, deposits, credit and debit cards, personal finance and real estate finance for private customers; The Corporate banking segment includes investments in Islamic financing and investment products, deposits and trade finance transactions for corporate bodies, including government and public bodies, and the Treasury segment provides treasury services, money market, foreign exchange transaction with other banks and financial institutions, including the Central Bank of the United Arab Emirates (UAE). The Bank operates 10 branches and two pay offices located across the United Arab Emirates.

Sales per Business

AED in Million2022Weight2023Weight Delta
Corporate Banking
65.7 %
311 47.6 % 564 65.7 % +80.96%
Consumer Banking
29.4 %
186 28.4 % 252 29.4 % +35.69%
Treasury
4.9 %
48 7.3 % 42 4.9 % -11.40%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
655 100.0 % 858 100.0 % +31.02%

Managers

Managers TitleAgeSince
Chief Executive Officer - 23-08-31
Founder - 08-04-16
Investor Relations Contact - -
Public Communications Contact - 07-12-31
Corporate Officer/Principal - 12-12-31
Treasurer - -
Human Resources Officer - 08-11-30
Comptroller/Controller/Auditor - 20-01-31
Comptroller/Controller/Auditor - -
General Counsel - 07-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member - -
Shariah Board Member 67 -
Chairman - -
Director/Board Member - -
Shariah Board Member - -
Director/Board Member - -
Director/Board Member - -
Shariah Board Member - -
Comptroller/Controller/Auditor - -
Shariah Board Member 41 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,723,500,000 1,438,511,846 ( 52.82 %) 27,674,759 ( 1.016 %) 52.82 %

Shareholders

NameEquities%Valuation
Emirate of Ajman (United Arab Emirates)
26.23 %
714,413,712 26.23 % 350 M AED
285,281,251 10.47 % 140 M AED
First Abu Dhabi Bank PJSC (Investment Management)
0.0364 %
990,729 0.0364 % 485 536 AED
Dimensional Fund Advisors Ltd.
0.0144 %
392,064 0.0144 % 192 143 AED
DFA Australia Ltd.
0.005720 %
155,786 0.005720 % 76 348 AED

Holdings

NameEquities%Valuation
250,000,000 10.81% 277,030,000 $
51,152,208 6.11% 86,346,973 $
278,120,222 29.60% 27,486,622 $

Company contact information

Ajman Bank PJSC

A&F Towers Sheikh Khalifa Street

, Ajman

+971 6 747 9999

http://www.ajmanbank.ae
address Ajman Bank(AJMANBANK)

Group companies

NameCategory and Sector
Major Banks

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
1
Last Close Price
1.86 AED
Average target price
1.09 AED
Spread / Average Target
-41.40%
Consensus

Quarterly revenue - Rate of surprise