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AJIB profits down 5.2% in Q3

AJIB profits down 5.2% in Q3
Profits reached JOD 16.12 million in 9 months - (Photo Credit: Arabianeye-Reuters)
AJIB
AJIB
-0.79% 1.25 -0.01

Mubasher: Arab Jordan Investment Bank (AJIB) reported a 5.2% decline in profits in the third quarter of 2016 to JOD 5.06 million ($7.11 million) compared to JOD 5.33 million ($7.5 million) in the same quarter last year.

Profits also decreased by 2.94% in the first nine months of the year to JOD 16.12 million from JOD 16.6 million in the same period last year, the bank said in a bourse filing on Monday.