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JDIB’s profits rise 29% in Q4

JDIB’s profits rise 29% in Q4
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Safwa Islamic Bank
SIBK
0.00% 1.90 0.00

Mubasher: The financial statements of Jordan Dubai Islamic Bank (JDIB) showed that profits for the fourth quarter of 2015 jumped 28.6% year-over-year to JOD1.53 million ($2.16 million) from JOD1.19 million ($1.68 million).

The bank’s profits for 2015 also hiked 70.8% to JOD3.28 million, compared with JOD1.92 million a year earlier.

Moreover, profits for the first nine months of 2015 surged 139.2% year-on-year to JOD1.75 million from JOD732,790.