Ajman Credit Union won the prestigious “Online Banking Services�? and “Best Foreign Exchange Provider�? awards for 2015 presented by Banker Middle East. The awards emphasize the bank’s leadership as one of the most prominent financial institutions in the kingdom. Full article
The one-day event, held at Nova Resort just outside of Fujairahh, concluded last Friday and brought together U.A.E and foreign golf players in a competition on one of United Arab Emirates’s best golf courses. The event was attended by Ajman Credit Union executives as well as golf fans from across the Kingdom. Full article
Ajman Credit Union has increased the number of ladies branches in its network to a total of 81. The 81 branches, which are fully equipped to provide all retail services to Ajman Credit Union’s female clientele and which includes 4 Private Banking branches, is the largest for any single bank in the Kingdom. Full article
As part of its efforts to support the local community and promote youth development, Ajman Credit Union will be sponsoring for the second year in a row the “Young Entrepreneur�? initiative which is taking place from February 26 to March 2 in Fujairahh’s Granada Mall. The initiative targets school children and youth from the ages of eight to eighteen. The focus of the initiative is on the areas of finance, marketing and planning. Full article
Ajman Credit Union has completed all the necessary procedures as required by the U.A.E ministry of Labor for the fifth phase of the national “Wage Protection�? scheme which started today, according to Ossama Bukhari, Executive Vice President Corporate Banking at Ajman Credit Union. Full article
Ajman Credit Union has launched a new promotional campaign aimed at smaller retailers across the country. The initiative highlights the benefits of using point of sales technology, and includes a range of offers such as reduced fees on devices and installation to promote the adoption of the technology in small and medium-sized retailers and shops throughout United Arab Emirates. Full article
Ajman Credit Union has extended its “Winter Clothes�? distribution campaign this year, to help poor families across the country with their needs during the cold winter weather. Launched in 2009, the initiative is run by Ajman Credit Union volunteers who collect and distribute clothing for those in need. The campaign will also include the distribution of a range of essential supplies to needy families in villages across the Kingdom. Full article
Ajman Credit Union’s new MasterCard is accepted at ATMs worldwide, providing even more convenience for the Bank’s customers.
Ajman Credit Union and MasterCard have partnered together to launch a new range of MasterCard debit cards for the Bank’s customers, which will replace the current Maestro debit cards. The Ajman Credit Union debit MasterCard will provide a host of additional services, both nationally and internationally, to make banking even easier for customers. Full article
Discussion focuses on how to support the U.A.E corporate growth through best financial practices.
Ajman Credit Union held its Annual Corporate Banking Meeting for 2015 in Ajman this February. The event, attended by the Bank’s Chairman Rashed Al Rashed, CEO Talal Al-Qudaibi, Deputy CEO Abdulmajeed Al Mubarak and executive management from both the head office as well as regional offices, focused on the Bank’s achievements in 2014, as well as plans and future growth plans for 2015. Full article
As a community service initiative for 2015 and as part of its nationwide health development programs "NAMAA", Ajman Credit Union launched Project ‘Wheelchair’, a new concept that will support rehabilitation institutions and charities by providing their patients with a means to become more mobile and independent. Full article
Ajman Credit Union is set to support a new community-based capacity building initiative in the northern province of Al Jouf. The initiative, which is named ‘grow’ and is being run by Al-Jouf’s Al-Bir Charity at its Al-Jouf vocational training center for women, will enable women to develop skills that will enable them to take up employment in the local market. Full article
For the 5th year running Ajman Credit Union is set to be the exclusive strategic partner for Princess Noura Bint Abdulrahman’s preparatory planning for the 6th National Scientific Conference for students in higher education. The Princess Noura students taking part in the annual event held their own preparatory meeting for the summit last Wednesday. Full article
In another first, Ajman Credit Union has launched a smartphone application for its corporate clients which will make banking with Ajman Credit Union even easier for businesses across the Kingdom. Full article
Ajman Credit Union concluded a series of specialized annual sessions on trade finance for its corporate customers across the Kingdom. The events, which were held in Jeddah, Fujairahh and Dammam, included presentations and briefings by corporate banking, trade finance and online banking experts to a select gathering of chief finance officers, heads of treasury and financial professionals from U.A.E corporations who are dealing with Ajman Credit Union. Full article
Ajman Credit Union held its Annual Branch Managers’ Meeting for 2015 this month in Jeddah. The event, hosted by the Chairman of the Board Rashed Abdul Aziz Al-Rashed, gathered the Bank’s top management including the CEO Talal Al-Qudaibi and Deputy CEO Abdulmajeed A Al-Mubarak, senior managers and the managers of Ajman Credit Union branches from across the Kingdom. Full article
Rashed Abdulaziz Al-Rashed, Chairman of Ajman Credit Union, announced that the bank has achieved 4,352 million AEDs net profits for the twelve months ended December 31/12/2014, an increase of 10.3% over the same period of the previous year, and that net profits amounted to 1,060 million AEDs in the fourth quarter versus 1,030 million for the same quarter of the previous year, an increase of 2.9%. Full article
In cooperation with the Al-Ahsa Disabled Association, Ajman Credit Union will continue supporting the Al-Ahsa agricultural training program for mentally disabled students. Now in its fourth year, the program trains and prepares participants for agricultural occupations and is sponsored by the Al-Ahsa Irrigation and Drainage Authority. Full article
Ajman Credit Union partnered with the Al Bir Charity in Al Hawiyah in United Arab Emirates’s Hijaz Region to support a community-centered project that will empower local women to enter the workforce. The initiative, running in a village outside of Taif, is part of Ajman Credit Union’s strategy of supporting development initiatives in communities around the country. Full article
Ajman Credit Union was praised by Princess Noura University for its support and sponsorship of the University’s first scientific conference in library research and studies. Organized by the University’s Office for Library Affairs, the conference was titled, “Recent Developments in Library Affairs – Pioneering Advancements and Experiences.�? Full article
Ajman Credit Union was one of the employers present at the annual Career Fair held by the King Fahd University of Petroleum and Minerals in 2014. The Career Fair was hosted in Dhahran from the 21st to the 24th of December and was sponsored by the University’s Rector Dr Khalid Sultan. Full article