Jordan's Housing Bank posts 4.5% rise in 2012 net profit
- Jordan: Wednesday, February 06 - 2013 at 05:40
Jordanian lender Housing Bank for Trade and Finance (HBTF) has posted a 4.5% increase in its 2012 net profit to $147.4m, with the bank maintaining a policy of boosting provisions for non-performing loans, Reuters has reported. The kingdom's second-largest bank said its total assets reached $10bn at the end of 2012, up 2.2% from the end of 2011.
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