Al Etihad bank profits down 14% after tax in 9 months
The profits of Al Etihad bank decreased by 14% in the first nine months of this year to 38.03 million dinars 'after tax' from 44.24 million dinars in the same period in 2023.
The bank's pre-tax profits decreased by approximately 12% to around 60.7 million dinars from 69.266 million dinars in the first nine months of 2023, as stated in the bank's announcement on the Amman Stock Exchange website.
Ammon's analysis of the data shows that the bank provided around 4.421 billion dinars in net direct credit and financing in the first 9 months of this year, marking a 4% increase from the 4.245 billion dinars provided at the end of last year.
Regarding deposits at Union Bank, they experienced growth, totaling around 6.133 billion dinars by the end of the third quarter of this year. Of this amount, government and public sector deposits accounted for 445.216 million dinars, while individual deposits reached 3.924 billion dinars.
The profits of Al Etihad bank decreased by 14% in the first nine months of this year to 38.03 million dinars 'after tax' from 44.24 million dinars in the same period in 2023.
The bank's pre-tax profits decreased by approximately 12% to around 60.7 million dinars from 69.266 million dinars in the first nine months of 2023, as stated in the bank's announcement on the Amman Stock Exchange website.
Ammon's analysis of the data shows that the bank provided around 4.421 billion dinars in net direct credit and financing in the first 9 months of this year, marking a 4% increase from the 4.245 billion dinars provided at the end of last year.
Regarding deposits at Union Bank, they experienced growth, totaling around 6.133 billion dinars by the end of the third quarter of this year. Of this amount, government and public sector deposits accounted for 445.216 million dinars, while individual deposits reached 3.924 billion dinars.
The profits of Al Etihad bank decreased by 14% in the first nine months of this year to 38.03 million dinars 'after tax' from 44.24 million dinars in the same period in 2023.
The bank's pre-tax profits decreased by approximately 12% to around 60.7 million dinars from 69.266 million dinars in the first nine months of 2023, as stated in the bank's announcement on the Amman Stock Exchange website.
Ammon's analysis of the data shows that the bank provided around 4.421 billion dinars in net direct credit and financing in the first 9 months of this year, marking a 4% increase from the 4.245 billion dinars provided at the end of last year.
Regarding deposits at Union Bank, they experienced growth, totaling around 6.133 billion dinars by the end of the third quarter of this year. Of this amount, government and public sector deposits accounted for 445.216 million dinars, while individual deposits reached 3.924 billion dinars.
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Al Etihad bank profits down 14% after tax in 9 months
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