Mubasher: Jordan Loan Guarantee reported an increase in losses by 26.75% year-on-year in the third quarter of 2016, according to a bourse filing.

Losses totalled JOD 68,020 ($95,840) in Q3-16 compared to JOD 53,700 ($75,610) in Q3-15, the company said in a statement to the Amman Stock Exchange (ASE) on Monday.

Meanwhile, the company posted a 46.3% decline in losses in the first nine months of the year to JOD 148,250 compared to losses of JOD 275,980 in the same period last year.