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Bank of Jordan profits down 7.5% in Q3

Bank of Jordan profits down 7.5% in Q3
Profits reached JOD 9.99 million in 9 months - (Photo Credit: Arabianeye-Reuters)
Bank of Jordan
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Mubasher: The unaudited financial results of the Bank of Jordan showed a decline in profits by 7.5% in the third quarter of 2016, according to a bourse filing.

Profits reached JOD 9.99 million ($13.93 million) in Q3-16 compared to JOD 10.68 million ($15.06 million) in Q3-15, the bank said in a statement to the Amman Stock Exchange (ASE) on Sunday.

Meanwhile, profits grew by 7.8% in the first nine months of the year to JOD 31.28 million compared to JOD 29.01 million in the same period in 2015.