Financial statements for Jordan Dubai Islamic Bank (JDIB) for the fiscal year (FY) ending December 31, 2014, revealed a net profit growth by 30.75% to JOD 1.92 million ($2.7 million) against JOD 1.47 million ($2.1 million) during the same period of 2013.
JDIB’s operational revenues registered an increase of 5.5% to JOD 18.26 million during the period, compared to JOD 17.3 million.
Financials for the Jordan-listed bank showed a rise by 32% in customer deposits to JOD 117 million by the end of 2014 against JOD 484 million during the corresponding period of 2013.
The Bank had reported a drop in profit plunge by 40.2% to JOD 732.7 THD during the nine-month period ending September 30, 2014, compared to JOD 1.22 million.
Worth noting, JDIB’s capital stands at JOD 100 million, distributed on 100 million shares at JOD 1 par value.
