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Jordan’s Invest Bank profits up 40% in Q2

Jordan’s Invest Bank profits up 40% in Q2
The bank’s profits grew by 46.5% year-on-year - (Photo Credit: Arabianeye-Reuters)
Invest Bank
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Mubasher: Invest Bank posted a 40% rise in profits in the second quarter of 2016, to JOD 3.5 million ($4.9 million), compared to JOD 2.5 million ($3.5 million) in the same quarter last year.

The bank’s profits also grew by 46.5% year-on-year in the first half of the year, to JOD 7.03 million ($9.9 million), from JOD 4.8 million ($6.7 million) in H1-15,, according to the bank’s statement to the Amman Stock Exchange (ASE).