Jordan Commercial Bank posts losses in Q3

Mubasher: Jordan Commercial Bank suffered losses during the third quarter of 2016 against earnings in the same quarter a year ago.

Losses stood at about JOD 6,103 ($8,610) in Q3-16 versus profits worth JOD 4.02 million ($5.67 million) in Q3-15, according to a recent bourse statement.

During the nine-month period, the bank’s profits shrank 68% to JOD 3.76 million from JOD 11.76 million in the same period a year ago.

 

Mubasher Contribution Time: 01-Nov-2016 13:34 (GMT)
Mubasher Last Update Time: 01-Nov-2016 13:34 (GMT)