Jordan's Arab Bank Q1 net profit $218.3mn vs $217.2mn

02 May, 2016

AMMAN: Arab Bank Group, Jordan's largest lender, said on Monday its first-quarter net profit was $218.3 million, up from $217.2 million a year earlier, with loans and customer deposits continuing to grow.

The bank, one of the Middle East's major financial institutions, said in a statement loans and customer deposits grew by 3 percent and 2 percent respectively compared with the same period last year.

-Reuters

Copyright Reuters, 2016

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