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Housing Bank posts 4.6% increase in pretax profit
- Jordan: Thursday, October 25 - 2012 at 03:32
Jordan-based Housing Bank has posted a 4.6% rise in profit before tax and after allowance during the first nine months of 2012, Jordan Times has reported. Net income rose to JD107.2m from JD102.5m during the same period a year earlier. The pre-tax and after allowances net profit stood at JD78.6m, compared with JD75.7m. Deposits rose by 7% to JD5.7bn, while credit facilities portfolio increased by 2.7% to JD2.8bn.
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