Jordan: Arab Bank hits USD820.5m in net profit
(MENAFN) Jordan-based Arab Bank Group generated USD820.5 million in its net profit for 2018, marking a 54 percent surge.
In a statement, the Jordanian leading lender confirmed an 8 percent surge to have been registered in its operational profit.
Meanwhile, the lender affirmed, its total deposits saw a boost to hit USD34.3 billion from the USD33.8 billion seen a year earlier.
Arab Bank's credit facilities were further announced to have reached USD25.8 billion to record a 3 percent raise.
In a statement, the Jordanian leading lender confirmed an 8 percent surge to have been registered in its operational profit.
Meanwhile, the lender affirmed, its total deposits saw a boost to hit USD34.3 billion from the USD33.8 billion seen a year earlier.
Arab Bank's credit facilities were further announced to have reached USD25.8 billion to record a 3 percent raise.
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