VOL. XLIII
No. 18
1-May-2000
JORDAN
Arab Bank Records Flat Profits But Predicts Net Income Growth Of 8% In 2000
The Amman-based Arab Bank Group, which comprises Arab Bank Plc and Arab Bank (Switzerland) plus a group of subsidiaries, recorded a 0.8% rise in net income in 1999 to $225.6mn from $223.7mn, compared to a 1.3% rise in the previous year (MEES, 19 April 1999). The Arab Bank Plc alone reported a decline in net income of 4.7% from the previous year to JD120.5mn ($169.7mn). Net interest...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!