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Saturday, 28 April 2018

UPDATE 1-Jordan's Arab Bank Q1 net profit $220.3 mln vs $218.2 mln -statement | Reuters

UPDATE 1-Jordan's Arab Bank Q1 net profit $220.3 mln vs $218.2 mln -statement | Reuters:

"Jordan’s Arab Bank Group , the country’s largest lender, on Saturday reported first-quarter net profit of $220.3 million, slightly up from $218.2 million a year earlier. Its overall operations continued to grow despite challenges faced by banks in the Middle East, chairman Sabih al Masri said in a statement. Total loans rose 5 percent to $25.5 billion as of end-March, while deposits rose slightly to $33.4 billion compared with $33 billion in the corresponding period last year."



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