Jordan: Invest Bank announces its financial results for the first quarter of 2018

Media In / Agencies / Amman 9 May 2018
The Chairman of Invest Bank, the investment bank, announced the results of the first quarter of 2018, which showed net profit after tax reached KD 3 million.
The results also showed that total assets increased to JD1.1 million at the end of the first quarter of 2018 and that the Bank’s total income was KD 11.5 million.
The Bank’s net interest and commission income grew by 6.4 per cent to KD 10.2 million compared to JD 6.9 million in the same period last year.
According to the results of the first quarter, the net credit facilities of the bank for the current year to reach 653 million dinars, while customer deposits amounted to 679 million dinars.
He expressed his hope that the Bank will be able to achieve more positive results and continue its successes in the coming period, and appreciated the efforts of the Board of Directors, the Executive Management and the Bank’s staff in this field.