Mubasher: Cairo Amman Bank reported a 13.9% decline in profits in the third quarter of 2016 to JOD 8.72 million ($12.3 million) compared to JOD 10.13 million ($14.25 million) in the same quarter in 2015.

Profits also decreased by 11.7% in the first nine months of the year to JOD 27.2 million from JOD 30.8 million in the same period last year, the bank said in a statement to the Amman Stock Exchange (ASE) on Monday.