Riyadh-Mubasher: Bank AlJazira reported SAR 227 million in net profits during the first quarter of 2015, jumping 42.77% from SAR 159 million in the corresponding period of 2014.

The profits were also 14% higher compared with SAR 199 million in the previous quarter.

The profit growth was driven by a rise in core banking activities and an increase in operating income, the bank said.