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Ajman Bank Named Best New Islamic Bank for 2009
DUBAI - Ajman Bank, the Emirate’s first Islamic commercial bank, has been awarded Best New Islamic Bank for 2009 by readers of Islamic Finance News (IFN).
Held annually, Ajman Bank beat the competition in the fifth Islamic Finance News Awards which collated votes from over 2,500 readers during a month-long poll. Announced this month, this achievement comes as the new bank nears the end of a successful first year in operation.
The bank was assessed on a number of different operational divisions other than its overall performance as a bank. These included retail banking, with the acknowledgment of Ajman Bank launching a wide range of assets and liability products at the most competitive rates offered in the market and its success in winning the most creative design award by VISA for Ajman Bank’s credit cards.
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