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AJIB profits decline 2% in H1-16

AJIB profits decline 2% in H1-16
Photo Credit: Arabianeye-Reuters
AJIB
AJIB
0.80% 1.26 0.01

Mubasher: Arab Jordan Investment Bank (AJIB) reported a 1.8% year-on-year decrease in net profits in the second quarter of 2016, to JOD 5.44 million ($7.76 million), compared to JOD 5.54 million ($7.82 million) in the same period last year.

Profits also declined in H1-16 by 1.89% to JOD 11.06 million from JOD 11.27 million in H1-15, according to a bourse filing.