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Arab International Islamic Bank Registers Gross profits of 12 million KD

Media In / Amman 28 April 2019

Arab Islamic International’s profits in the first quarter of this year amounted to 12 million dinars before tax, compared to 11.5 million dinars for the same period of 2018, an increase of 4 percent.

According to a statement issued by the bank, the portfolio of sales and local funds amounted to KD 1.405 billion. The deposits and insurance portfolio for unrestricted and unrestricted accounts amounted to KD 2.163 billion, a growth rate of 1.4 percent over the December 2018 amounts of KD2.233 million.

The bank said in a press statement that the bank was able to achieve these positive results in spite of the surrounding economic conditions and the modest economic growth rates through a package of procedures and financing programs that match all developments to meet the aspirations of the bank’s customers in various regions of the Kingdom.

The Bank’s expansion policy, through the opening of branches and offices to 45 branches and 82 ATMs across the Kingdom, aims to provide distinctive services that comply with the principles of Islamic Sharia’a law, according to the highest standards of quality provided by trained and qualified cadres.

The bank said that the positive results for the first quarter of 2019 confirm that the executive management of the bank continues to develop and improve the services to reach the satisfaction of all its customers through its banking services which follow the slogan (trust, safety and investment halal).

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