Jordan’s Arab Bank said on Saturday that its net profit amounted to $614 million compared to 2013, gaining 10% in the first nine months. This rise is attributed to its diversified portfolio and growth in main markets as well as a risk-hedging policy.

The Arab Bank added that its total loans grew 2.2% to reach $23.7 billion by September 30, while its deposits reached $34.1 billion against figures from the same period a year earlier, recording a rise by 3.5%.

The bank did not release any figures for third-quarter net profit.