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Jordan Islamic posts 3% H1 rise
- Jordan: Wednesday, August 19 - 2009 at 09:31
Jordan Islamic Bank, a subsidiary of Bahrain-based Albaraka Banking Corp, has recorded a 3% rise in first-half net profit to JD20.7m ($29.2m) compared to the same period a year ago, Reuters has reported. Total assets rose 5% to JD2.28bn ($3.2bn) at the end of June 2009 against JD2.17bn at the end of 2008, the Islamic lender has said. The bank's loan portfolio increased 9% in the first six months of the year to JD1.216bn at the end of June 2009 from JD1.115bn at the end of 2008, while total customer deposits rose 8.8% in six months to JD1.685bn from JD1.550bn at end of 2008.
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StaffWednesday, August 19 - 2009 at 09:31 UAE local time (GMT+4)
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This article was updated on Thu Aug 20 2009.
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