Media ININ Economy We Trust
Media In / Amman / Agencies May 1, 2018
The General Assembly of Jordan Ahli Bank has approved the distribution of 5% cash dividends to the shareholders of the Bank at a total value of JD9.2 million and the distribution of 5% bonus shares for the fiscal year 2017. In his address to the shareholders during the meeting, which was chaired by the Chairman of the Board, Saad Al Moasher, and in the presence of the Chief Executive Officer, the Bank’s General Manager, Mohammed Musa Daoud, the Executive Vice President, Dr. Ahmed Al Hussein, Board Members and Executive Management, The exceptional challenges that the Kingdom and the region have been undergoing have witnessed growth in terms of their financial indicators, achievements and achievements in 2017. The Chairman of the Board of Directors approved the financial results achieved at the end of 2017 with attendees, noting that the Bank has achieved pre-tax profit of JD1.20 million, a growth of 145% compared to 2016, and increased its credit facilities by 3% to reach 1.5 billion Dinar. The ratio of non-performing loans to 78 percent in 2017, compared to 64 percent in 2016, is expected to fall to 7.4 percent from 9.8 percent in 2016.
