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Commercial Bank profits decline by 76% to JOD 656 THD

Commercial Bank profits decline by 76% to JOD 656 THD
Jordan Commercial Bank
JCBK
-6.19% 0.91 -0.06
Financial statement of Jordan Commercial Bank showed a notable decline by 76.4% in the profits to JOD 655.89 thousand during the first half of 2014 from JOD 2.78 million in the first half of 2013.

Earnings per share decline to JOD 0.007 in the first half of 2014 against JOD 0.028 in the first half last year.

The bank’s credit interests declined to JOD 23.9 million compared with an increase of JOD19.56 million; hence, the total is JOD 14.4 million compared with JOD 26.15 million in the first half last year.