Profits fall at Jordan's Housing Bank
- Jordan: Thursday, September 03 - 2009 at 11:24
Operational earnings for the first half of this year at Jordan's Housing Bank for Trade and Finance (HBTF) have fallen 4.7% to JD181.5m, compared to JD190.6m during the same period last year. Pre-tax profit dropped 51% to JD44m for January-June, while profit after tax fell by 57% to JD29.2m. However, assets totalled JD5.6bn, an increase of JD123m compared to last year. Client deposits also climbed, by JD255m to over JD4bn.
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