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Jordan’s Housing Bank profits grow 12% in Q2

Jordan’s Housing Bank profits grow 12% in Q2
Photo Credit: Arabianeye-Reuters
The Housing Bank
THBK
2.09% 3.90 0.08

Mubasher: The Housing Bank announced a 12.4% increase in its profit before taxes in the second quarter of 2016, to JOD 97 million ($136.98 million) from JOD 86.4 million ($122.01 million) in Q2-15.

The bank’s total revenue went up 12.5% to JOD 193.5 million ($273.26 million), according to the bank’s statement to the Amman Stock Exchange (ASE).