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Jordan Ahli Bank profit falls by half

Jordan Ahli Bank profit falls by half
Photo credit: Arabianeye - Reuters
Ahli
AHLI
42.06% 1.52 0.45

Mubasher: Jordan Ahli Bank reported a profit of JOD15.8 million ($22.3 million) in the first nine months of 2015.

The Amman listed bank said in a statement that the profit dropped by 50.6%, compared to JOD 32.1 million in the same period last year.

The bank previously posted a non-recurring profit of JOD 18.4 million on back of selling its stake in Al Ahli International Bank to Fransabank.