Jordan Islamic Bank
JOIB
JOIB
Jordan Islamic Bank (JIB) announced its unaudited interim condensed financial results for the first nine months of 2014.
Mr. Adnan Ahmad Yousif, Chairman of the Board of Directors of JIB and CEO of the Bahrain-based Al Baraka Banking Group, expressed his pride in such financial results. JIB’s net profit after taxes stood at JOD 33.2 million, while gross profit before taxes reached JOD 47.1 million.
Concerning the Bank’s financial results, JIB Deputy Chairman Mousa Abdul Aziz Shehadeh noted that the Bank's total assets amounted to JOD 3.8 billion as at September 30, 2014, against JOD 3.5 billion by December 31, 2013, registering an increase of 6.8% or JOD 238 million.
Moreover, the customers’ deposits reached JOD 3.4 billion in the first nine months of 2014, against JOD 3.2 billion by December 31, 2013, growing 6.7%.
Shehadeh added that JIB’s net ownership equity amounted to JOD 270 million by September 30, 2014, compared to JOD 255.5 million as at December 31, 2013, gaining 5.7%.
Mr. Adnan Ahmad Yousif, Chairman of the Board of Directors of JIB and CEO of the Bahrain-based Al Baraka Banking Group, expressed his pride in such financial results. JIB’s net profit after taxes stood at JOD 33.2 million, while gross profit before taxes reached JOD 47.1 million.
Concerning the Bank’s financial results, JIB Deputy Chairman Mousa Abdul Aziz Shehadeh noted that the Bank's total assets amounted to JOD 3.8 billion as at September 30, 2014, against JOD 3.5 billion by December 31, 2013, registering an increase of 6.8% or JOD 238 million.
Moreover, the customers’ deposits reached JOD 3.4 billion in the first nine months of 2014, against JOD 3.2 billion by December 31, 2013, growing 6.7%.
Shehadeh added that JIB’s net ownership equity amounted to JOD 270 million by September 30, 2014, compared to JOD 255.5 million as at December 31, 2013, gaining 5.7%.
Source:
Mubasher
