Under the directives of Ammar Al Nuaimi, Ajman Bank announces no layoffs in 2020

Ajman Bank we put our customers and employees first and wish to lead by example

  
His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank.

His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank.

Pledging its support to all its employees and protecting jobs, Ajman Bank, under the directives of His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank, has announced that there will be no layoffs or job cuts at the bank in 2020.

Waving off concerns about a potential widespread economic impact, Mr. Mohamed Amiri, Chief Executive Officer, Ajman Bank, stated, “At Ajman Bank we put our customers and employees first and wish to lead by example. Despite the challenges, there will be no reduction of workforce at Ajman Bank in 2020. We have an obligation to make responsible decisions and are committed to manage the economic effects of COVID-19 in a clear and compassionate way creating value for our clients and avoiding addition of emotional distress. While we all have responsibilities to fulfill, we believe by working together and by prioritizing our goals, we will come out of this pandemic stronger than ever before and will see a return of greater stability.”

This initiative comes from Ajman Bank's firm belief in its social responsibility towards society, its concern for the happiness of its customers and employees, and its belief in its inherent role as one of the pillars of the national economy as well as a strategic partner for the government of Ajman and the government of the United Arab Emirates. The bank is dedicated to achieving the national agenda that focuses on strengthening the position of the UAE as a stable and attractive destination for investment.

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.