JCBK shareholders approve bonus share distribution

Mubasher: Jordan Commercial Bank (JCBK) said its extraordinary general meeting (EGM) gave the go-ahead for distributing 5 million bonus shares.

The distribution will be financed through capitalising JOD 5 million from retained earnings.

The lender posted net earnings of JOD 11.7 million (nearly $16.5 million) for the first nine months of 2015, soaring 164.94% over the figure recorded in the same period of 2014.

Mubasher Contribution Time: 26-Nov-2015 07:22 (GMT)