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Jordan’s ABC Q2 profits fall 4%

Jordan’s ABC Q2 profits fall 4%
ABC – Jordan posted JOD 7.8 million profits in H1-16 (Photo Credit: Arabianeye-Reuters)
ABC Bank
ABCO
1.39% 0.73 0.01

Mubasher: The unaudited financial statements of the Arab Banking Corporation – Jordan showed a decline of 4% in profits during the second quarter of 2016.

Profits after taxes shrank to JOD 3.6 million in Q2-16 from JOD 3.8 million in Q2-15, according to a bourse statement.

During the first half of the year, ABC – Jordan posted JOD 7.8 million profits, 4.4% higher from JOD 7.5 million in the same half of 2015.