UPDATE 1-Jordan's Arab Bank group says 2017 net profit unchanged at $533 mln:
"Jordan’s largest lender, Arab Bank Group, said on Saturday its 2017 net profit came to $533 million, barely changed from $532.7 million with revenues coming mainly from core banking activities.
The bank, one of the Middle East’s major financial institutions, said in a statement that operational profits rose 12 percent, without factoring exchange-rate fluctuations.
Total loans rose 6 percent to $25.1 billion while deposits rose slightly to $33.8 billion at the end of last year compared with $33.6 billion in the same period the previous year."
'via Blog this'
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