Ahli Bank profits drop 9% in Q1

Amman-Mubasher: Jordan Ahli Bank reported a 9.1% decline in profit to QAR 6.18 million ($8.69 million) in the first quarter of 2015, compared to QAR 6.8 million ($9.57 million) in Q1-14, according to a filing to Amman Stock Exchange.

Ahli’s profits jumped to JOD 34.16 million in 2014 from JOD 16 million in 2013.

The Amman-listed bank’s capital amounts to JOD 175 million, distributed on 175 million shares at JOD 1 par value.

Mubasher Contribution Time: 29-Apr-2015 12:34 (GMT)