Mubasher: Jordan Ahli Bank posted on Tuesday a net loss of JOD 2.3 million ($3.24 million) for the third quarter of fiscal 2016, against a net profit of JOD 4.07 million ($5.7 million) for Q3-15.

Net profit for the first nine months of 2016 declined by 67.57% to JOD 5.15 million from JOD 15.88 million for the same period of 2015, according to a bourse filing.

The bank earlier reported a net profit of JOD 2.61 million for Q2-16, 53.7% down from JOD 5.63 million for Q2-15.