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Ajman Bank brings banking to UAE's rural communities

  • United Arab Emirates: Tuesday, January 18 - 2011 at 15:30
  • PRESS RELEASE

In line with its commitment to serving communities across the UAE, Ajman Bank, the first Islamic bank established in the Emirate of Ajman, announced today the opening of the first ATM facility in Manamah, a rural township of just 6,000 residents in the Northern Emirates.

Until the opening of this Ajman Bank ATM, residents of Manamah, located between Al Dhaid and Masafi, were forced to travel some 15 kilometres to meet their daily banking needs.

"The UAE is made up of much more than the gleaming metropolises, such as Abu Dhabi and Dubai, that have made our country known to the world," said Mohamed Amiri, Deputy Chief Executive Officer, Ajman Bank. "This young nation also includes countless smaller villages and townships, home to families and individuals that require access to modern facilities to meet their personal banking needs.

"We are very pleased, therefore, to announce the opening of the first ATM in Manamah, serving over 24,000 residents of this township and its surrounding villages, including Wadi Ghail, Naseem, Suhaihla, Thoban, Hanya, Siji and Shouhka - as well as hamlets like Wadi Isfini and Qadra, each of which have populations of less than 1,000 people.

"At Ajman Bank, we firmly believe that we have a responsibility to demonstrate care for the all the communities we serve, as today's announcement demonstrates, while also maximising value for our shareholders," said Amiri.

"We therefore look forward to further expanding our network and continuing to contribute to the economic growth and diversification of the UAE."
 
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