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Jordan Housing Bank profits down 5.5% in Q2

Jordan Housing Bank profits down 5.5% in Q2
Housing Bank for Trade and Finance
The Housing Bank
THBK
0.51% 3.92 0.02

Mubasher: The Housing Bank for Trade and Finance – Jordan saw a decrease of 5.5% in net profits for the second quarter of 2016.

The lender said it reported net profits of JOD 31.9 million for Q2-2016, down from JOD 44.3 million for the comparable period a year earlier.

As for the first half of 2016, the bank registered net profits of JOD 66.4 million up from JOD 61.6 million for the same period of the previous year.