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Jordan’s ABC profits down 1.3% in 9M

Jordan’s ABC profits down 1.3% in 9M
(Photo credit: Press Release)
Bank ABC
ABC
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Mubasher: The Arab Banking Corporation – Jordan's net profits retreated 10.5% in the third quarter of 2016.

The company's profits fell to JOD 3.34 million ($4.7 million) in Q3-16 from JOD 4 million ($5.6 million) in Q3-15, according to a bourse statement.

During the first nine months of the year, the net profits of ABC – Jordan also decreased 1.33% to JOD 11.2 million profits, compared to JOD 11.42 million in the same period of 2015.