Ajman Bank Reports Impressive Financial Growth in 2025
In a commendable display of resilience and strategic execution, Ajman Bank has announced a record financial performance for the year 2025, showcasing the strength of its core operational frameworks and a disciplined approach to its growth strategy. During a formal meeting held at the bank’s headquarters, the Board of Directors, under the chairmanship of H.H. Sheikh Ammar bin Humaid Al Nuaimi, reviewed the Bank’s sustainable momentum and operational successes, elucidating its journey toward reinforcing its stature as a trusted financial institution.
The financial results reveal that Ajman Bank achieved a total revenue of AED 1.7 billion (approximately 2.89 million), marking a remarkable year-on-year growth of 10 percent. This performance underscores the bank’s diversified income streams and robust business segmentation, driven by a strategic focus on customer-centric growth and operational excellence.
Robust Profitability Metrics
The bank’s net profit before tax reached AED 548 million, representing a substantial increase of 25 percent from the previous year. After accounting for tax, the net profit stood at AED 500 million (6.15 million), reflecting a consistent upward trajectory in profitability. This financial growth signals not only resilience but also the efficiency of the bank’s operations, characterized by improved operating leverage and strategic execution. H.H. Sheikh Ammar bin Humaid Al Nuaimi emphasized the significance of these results, stating, “Ajman Bank’s performance in 2025 reflects the strength of its direction and the clarity of its purpose. Guided by sound governance and disciplined decision-making, the bank continues to progress with confidence.”
Surging Non-Funded Income
Integral to this growth was a notable increase in non-funded income, which surged 37 percent year-on-year to AED 262 million, accounting for 29 percent of the total revenue. This diverse income generation model enhances the bank’s earnings quality and strengthens its long-term revenue resilience. Enhanced operating performance and a commitment to operational discipline have played pivotal roles in driving this growth.
CEOs reflecting on the achievements, Mustafa Al Khalfawi stated, “Our results demonstrate consistent execution across our strategic priorities. Through focused growth and continued progress in revenue diversification, we have fortified the bank’s performance and resilience.” Al Khalfawi’s remarks elucidate the bank’s commitment to sustainable long-term value creation for shareholders, customers, and the broader financial ecosystem.
Robust Growth in Customer Deposits and Assets
Ajman Bank’s balance sheet exhibited remarkable growth, with total assets increasing by 44 percent, reaching AED 32.9 billion. Customer financing expanded by 39 percent to AED 21.4 billion, while customer deposits saw an impressive growth of 40 percent, totaling AED 26.6 billion. This growth was further supported by a 28 percent increase in current account and savings account (CASA) balances, reinforcing the bank’s stable and diversified funding base. Total shareholders’ equity also rose by 12 percent year-on-year to AED 3.5 billion, with continuous improvement in asset quality.
A significant milestone was the successful execution of Ajman Bank’s first sukuk issuance, worth 0 million, which was met with overwhelming demand—oversubscribed by 5.4 times, showcasing confidence among regional and global institutional investors.
Prioritizing Digital Transformation
In alignment with contemporary banking trends, Ajman Bank has prioritized digital transformation, ensuring a “Customer and Digital First” approach remains at the forefront of its operational model. The bank has taken substantial strides in enhancing its digital channels, thereby improving customer experience, expanding product offerings, and bolstering operational resilience. The customer base experienced an impressive 36 percent growth during the year, emphasizing the bank’s effective customer acquisition strategies.
Technological advancements were also significant, featuring the seamless upgrade of the core banking system, the introduction of Hamad AI—the bank’s inaugural generative AI conversational avatar—and the opening of a Digital Experience Center. These initiatives underline Ajman Bank’s commitment to embedding sustainability and ESG considerations across its operations, thereby amplifying its relevance in a rapidly evolving financial landscape.
Looking Forward
As Ajman Bank navigates the future, it remains steadfast in its commitment to advancing its long-term strategy, with an emphasis on digital and AI-enabled capabilities. The bank aims to continue fostering innovation in financial solutions, operational efficiency, and disciplined growth. With an unwavering focus on enriching customer experience and reinforcing its leadership in Sharia-compliant banking, Ajman Bank is well-positioned to navigate the complexities of the financial sector, ensuring a sustainable and prosperous trajectory in the years to come.