Mubasher TV
Contact Us Advertising   العربية

Bank of Jordan FY14 profit jumps 23.16%

Bank of Jordan FY14 profit jumps 23.16%
Photo Credit: Arabianeye-Reuters
Bank of Jordan
BOJX
-0.43% 2.29 -0.01


Bank of Jordan announced its financial results to the Amman Stock Exchange (ASE) for the fiscal year (FY) ending December 31, 2014, reporting a growth in profit by 23.16% to JOD 44.8 million ($63.2 million), compared to JOD 36.39 million ($51.3 million) during the same period of 2013.


The Bank’s total income rose 8.86% to JOD 124.6 million during the period, compared to JOD 114.49 million. The total expenses inched up 0.56% to JOD 64.6 million in FY14 against JOD 64.28 million in FY13.


Bank of Jordan’s profit grew 21% to JOD 31.5 million during the nine-month period ending September 30, 2014, compared to JOD 26 million during the same period of 2013.


The Bank’s capital reached JOD 155.1 million at JOD 1 par value.