Jordan's Arab Bank says H1 net profit $424.9 mln


24-07-2016 11:17 AM

Ammon News - AMMONNEWS - Jordan's largest lender, Arab Bank Group, reported a first-half net profit of $424.9 million, barely changed from $422.9 million in the same period last year.

Its loan book and overall operations continued to grow despite exchange-rate fluctuations, it said on Sunday.

Total loans rose 3 percent to $24.2 billion as of the end of June, while deposits were unchanged at $34.8 billion compared with the same period last year.




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