Invest Bank
INVB
INVB
Invest Bank announced that its profits decreased by 13.9% to JOD 6.3 million during the first half of 2014 against JOD 7.3 million in the first half of 2013.
Financial statement of the bank showed that its total expenses increased to JOD 9.8 million compared to JOD 7.9 million during the same period last year.
Assets of the bank also increased during the first half of 2014 to JOD 797 million against JOD 778 million by the end of last December.
Earnings per share reached JOD 0.063 in the first half of 2014 against JOD 0.073 in the first half of 2013.
During the second quarter of 2014, the bank’s profits rose by 10.9% to JOD 4.1 million against JOD 4.6 million in the second quarter of the last year.
Financial statement of the bank showed that its total expenses increased to JOD 9.8 million compared to JOD 7.9 million during the same period last year.
Assets of the bank also increased during the first half of 2014 to JOD 797 million against JOD 778 million by the end of last December.
Earnings per share reached JOD 0.063 in the first half of 2014 against JOD 0.073 in the first half of 2013.
During the second quarter of 2014, the bank’s profits rose by 10.9% to JOD 4.1 million against JOD 4.6 million in the second quarter of the last year.
Source:
Mubasher
