Financial statements of Bank of Jordan showed that its profits increased during the first half of 2014 by 20% to JOD 20.14 million compared to JOD 16.76 million during the same period of 2013.

The bank said that this increase resulted from the growth of net interest revenues during the first half by 10.9% to JOD 46.75 million compared to JOD 42.16 million during the same period of the last year.

Earnings per share increased also to JOD 0.143 in the same half against JOD 0.128 in the first half of the last year.

During the second quarter of 2014, the bank’s profits declined by 0.3% to JOD 9.74 million compared to JOD 9.77 million during the same quarter of 2013.

It is worth mention that the bank’s profits during the first quarter of the current year increased by 48% to JOD 10.4 million against JOD 7 million in the same quarter of 2013.