Jordan's Arab Bank 9 month net profit up 15.4 pct
AMMAN Oct 27 (Reuters) - Jordanian lender Arab Bank Group's nine-month net profit rose 15.4 percent to $559 million, helped by growth in net interest income and operating income accompanied by a decrease in provisions compared to last year.
One of the Middle East's major financial institutions said on Sunday that total loans rose 6 percent to $23.2 billion at end-September, while deposits grew 2 percent to $33 billion compared to the same period last year.
The bank gave no figures for third quarter net profits.
(Reporting by Suleiman Al-Khalidi; Editing by Michael Perry)
- Air strike kills 15 civilians in Yemen by mistake: officials
- North Korea executes leader's powerful uncle in rare public purge |
- Twitter backtracks on block feature after users revolt
- Pope attacks mega-salaries and wealth gap in peace message
- Insight: In Yemen, al Qaeda gains sympathy amid U.S. drone strikes