Profits of Jordanian banks exceed half a billion dinars in the first half of 2023
08-03-2023 05:00 PM
Ammon – The financial statements of the Jordanian banks listed on the Amman Stock Exchange showed that they recorded a “record profit” after tax in the first half of this year, attributable to shareholders amounting to 557.5 million dinars, compared to 431.1 million dinars in the same period last year, an increase of 29.3%.
The profits of the listed banks, before tax in the first half of this year, amounted to 815.8 million dinars, compared to 595.1 million dinars in the same period last year, with a growth of profits before income tax by 37.1%.
The Central Bank of Jordan raised interest rates last July, by 25 basis points, to record the main interest rate at 7.5%. Direct credit facilities granted by licensed Jordanian banks increased by 3%, to reach 33.5 billion dinars at the end of last May.
The kingdom
Ammon – The financial statements of the Jordanian banks listed on the Amman Stock Exchange showed that they recorded a “record profit” after tax in the first half of this year, attributable to shareholders amounting to 557.5 million dinars, compared to 431.1 million dinars in the same period last year, an increase of 29.3%.
The profits of the listed banks, before tax in the first half of this year, amounted to 815.8 million dinars, compared to 595.1 million dinars in the same period last year, with a growth of profits before income tax by 37.1%.
The Central Bank of Jordan raised interest rates last July, by 25 basis points, to record the main interest rate at 7.5%. Direct credit facilities granted by licensed Jordanian banks increased by 3%, to reach 33.5 billion dinars at the end of last May.
The kingdom
