generality "Ajman Bank" Agree to distribute cash dividends for the year 2025 at a rate of 50%
Ajman, 3 March / WAM / The General Assembly of Ajman Bank, during its annual meeting, chaired by Sheikh Rashid bin Humaid bin Rashid Al Nuaimi, Vice Chairman of the Bank’s Board of Directors, approved the distribution of cash dividends to shareholders in the amount of 50% of the net profits for the fiscal year ending on December 31, 2025, equivalent to 9.18% of the paid-up capital.
The approval of the dividend distribution comes in the wake of a record financial year achieved by the bank, where net profits before tax reached 548 million dirhams, a growth of 25% on an annual basis, while net profits after tax rose to 500 million dirhams, and total assets increased by 44% to reach 32.9 billion dirhams, in a clear indication of the solidity of the financial position and the continuation of the performance momentum.
Sheikh Rashid bin Humaid bin Rashid Al Nuaimi said: The banking sector in the UAE continues to operate from a standpoint of stability and durability, based on well-established regulatory frameworks and a flexible economic environment, noting that financial institutions play a pivotal role in supporting economic activity, facilitating capital flows, and promoting national development priorities.
He added: Ajman Bank’s performance in 2025 embodies discipline in implementation and good governance, and approving dividend distribution is in line with the bank’s balanced capital management strategy and its commitment to achieving sustainable value for shareholders, and based on a clear strategic vision, the bank continues to strengthen its institutional foundations and consolidate its presence within the national financial system, in a way that supports the long-term economic development process.
The General Assembly meeting highlighted the continued progress achieved by Ajman Bank in implementing its strategic priorities, enhancing the disciplined growth of the balance sheet, and consolidating a strong capital base that supports its ability to achieve sustainable returns for shareholders while maintaining a disciplined risk management framework.
Mustafa Al Khalafawy, CEO of Ajman Bank, said: The record results achieved by Ajman Bank reflect the consistency of performance across its core activities and the strength of its capital base. The bank continues to focus on developing its digital capabilities supported by artificial intelligence, strengthening governance frameworks, and achieving disciplined growth in line with creating long-term value for shareholders and supporting the stability of the financial system.
In addition to approving the distribution of profits, the General Assembly approved the Board of Directors’ report, the external auditors’ report, the financial statements for the year ending December 31, 2025, and all other items on the agenda in accordance with the approved regulatory requirements and governance frameworks.
Ajman Bank continues to implement its agenda within Vision 2030, while maintaining a balanced growth strategy based on prudent risk management, capital discipline, and enhancing the long-term sustainability of the institution.
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