Ajman Bank

Ajman, United Arab Emirates Founded: 2008 • Age: 18 yrs
Commercial banking services are offered in the United Arab Emirates.

About Ajman Bank

Ajman Bank is a company based in Ajman (United Arab Emirates) founded in 2008.. Ajman Bank operates in a competitive market with competitors including Citi, Scotiabank, Emirates NBD, Bank of America and UniCredit, among others.

  • Headquarter Ajman, United Arab Emirates
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $230 M (USD), Debt – Conventional

    Nov 02, 2016

  • Investors
  • Employee Count
    Employee Count
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People of Ajman Bank
Headcount 500-1000
Employee Profiles 32
Employee Profiles
People
Rashed Salem
Head Of Administration
People
Nasrulla Shareef
Business Analyst (business Management & Planning)
People
Fazal Rahim Abdul Rahim
Assistant Vice President - Head Of Sharia Compliance & Audit, Secretary To The Sharia Board
People
Mustafa al Khalfawi
Chief Executive Officer

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Funding Insights of Ajman Bank

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $230.0M
  • First Round

    (01 Jan 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2016 Amount Debt – Conventional - Ajman Bank Valuation

investors

Mar, 2015 Amount Debt – Conventional - Ajman Bank Valuation

investors

Jan, 2015 Amount Debt – Conventional - Ajman Bank Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Ajman Bank

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Ajman Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ajman Bank Comparisons

Employees
+
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Competitors of Ajman Bank

Ajman Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Citi, Scotiabank, Emirates NBD, Bank of America and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial banking services are provided to individuals and corporates.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Personal, business, and Islamic banking services are offered regionally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ajman Bank

Frequently Asked Questions about Ajman Bank

When was Ajman Bank founded?

Ajman Bank was founded in 2008 and raised its 1st funding round 7 years after it was founded.

Where is Ajman Bank located?

Ajman Bank is headquartered in Ajman, United Arab Emirates.

Who is the current CEO of Ajman Bank?

Mohamed Amiri is the current CEO of Ajman Bank.

What does Ajman Bank do?

Ajman Bank was established in 2008 in Ajman, United Arab Emirates, as a commercial bank. Operations are centered on providing standard banking services, including deposits, loans, and financing options to individual and corporate clients. The bank functions within the UAEs financial sector, with its headquarters located in Ajman. Leadership is provided by CEO Mohamed Amiri, overseeing daily activities and strategic directions across the region.

Who are the top competitors of Ajman Bank?

Ajman Bank's top competitors include Citi, Scotiabank and Bank of America.

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