3 Jordanian Banks Report Higher Profits

Jordan Kuwaiti Bank announced this week that its net profit stood at JD25.6 million in the first half of this year compared with JD23.3 million generated during the same period of 2011.

The bank’s profit before tax amounted to JD33.8 million. Cairo Amman Bank also announced that net profit increased to JD24.1 million during the first half of 2012 compared with JD23.4 million during the first six months  of last year.

The net profit of Arab Banking Corporation/Jordan also went up reaching JD5.396 million during the first half of this year compared with JD5.241 million during the first half of 2011. The bank’s profit before taxes stood at JD7.9 million in the first six months of this year compared with JD7.6 during the same period of 2011.

Jordantimes