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Societe Generale profit hits JOD 9m in 2014

Societe Generale profit hits JOD 9m in 2014
Photo Credit: Arabianeye-Reuters
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Financial statements for Societe Generale de Banque for the fiscal year (FY) 2014, revealed a jump in net profit by 31.4% to JOD 9.2 million ($12.9 million), compared to JOD 7 million ($9.8 million) the FY13.

Moreober, net operating income rose 27.6% to reach JOD 23.86 million during the period, compared to JOD 18.69 million.

The bank had reported a profit growth by 35.8% to JOD 4.35 million during the first half of 2014, compared to JOD 3.2 million during the same period of 2013.