Ajman Bank PJSC 2023 IR

The report details Ajman Bank's financial and sustainability performance for the fiscal year 2023. Financially, the bank achieved a total operating income of AED 1,560 million, representing a 66% increase compared to 2022, although it recorded a net loss of AED 390 million due to strategic provisioning. On the sustainability front, the company published its inaugural sustainability report, establishing a dedicated ESG Division and quantifying its operational carbon footprint for the first time with total Scope 1 and 2 emissions of 2,064 tCO2e. Additionally, the bank achieved a 40% Emiratization rate within its full-time workforce and collaborated with Mastercard to launch the world's first Touch Card for visually impaired users.

Company: Ajman Bank PJSC

Sector: Financials

Country: United Arab Emirates

Year: 2023

Type: IR

Pages: 217

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Ajman Bank PJSC

Ajman Bank PJSC 2023 Annual Integrated Report

Annual Integrated Report

The report details Ajman Bank's financial and sustainability performance for the fiscal year 2023. Financially, the bank achieved a total operating income of AED 1,560 million, representing a 66% increase compared to 2022, although it recorded a net loss of AED 390 million due to strategic provisioning. On the sustainability front, the company published its inaugural sustainability report, establishing a dedicated ESG Division and quantifying its operational carbon footprint for the first time with total Scope 1 and 2 emissions of 2,064 tCO2e. Additionally, the bank achieved a 40% Emiratization rate within its full-time workforce and collaborated with Mastercard to launch the world's first Touch Card for visually impaired users.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Women on Board

Women in Management

Employees