AJMANBANK: Ajman Bank PJSC - Summary | Jitta

Ajman Bank PJSC

ARE:AJMANBANK

Price
AED1.44
Loss Chance
45.2%
4.89JITTA SCORE
25.28%Under Jitta Line
Jitta Ranking
15 / 16
25 / 38
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (47)
Recent Business Performance (48)
Financial Strength (76)
Return to Shareholders (44)
Competitive Advantage (53)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
Total DepositConsistent Growth
Loan to DepositBalanced
Revenue and EarningEarning loss detected in 2023
Operating MarginInconsistent
Key Stats
Jitta Score
Jitta Line
4.89
25.28%
6.41
13.00%
5.16
147.92%
Diversified Banks
8.41
25.39%
7.82
100.00%
5.60
91.17%
COMPANY DESCRIPTION
Ajman Bank PJSC provides various banking products and services for individuals, businesses, and government institutions in the United Arab Emirates. It operates through Consumer Banking, Wholesale Banking, and Treasury segments. The company offers salary, current, savings, 2 in 1, young, deposit, and payroll accounts; property, personal, and auto finance, and house mortgages; credit and debit cards; syndication and underwriting; business banking services; and internet, phone, mobile, and SMS banking services; ATM/CCDM; and digital wallet and e-statement services. It also provides Islamic investment fund; project finance; IPO and share finance; mutual funds and private equity; secured and Islamic; corporate and commercial banking, including long term, working capital, letter of guarantee, term finance, real estate finance, and trade finance services; letters of credit; and wealth management and export/import finance services. In addition, the company is involved in the activities of dealing room, related money market, and foreign exchange transactions with other banks and financial institutions; and leasing of commercial and residential properties, as well as treasury and capital markets, foreign exchange, asset management, derivatives, and capital market business. Further, it undertakes banking, financing, and investing activities through various Islamic financing and investment products, such as Murabaha, Ijarah, Mudaraba, Musharaka, Wakala, and Sukuk. Ajman Bank PJSC was founded in 2007 and is headquartered in Ajman, the United Arab Emirates.