Wednesday, Jul 31, 2013
By Hassan Hafidh
AMMAN--Jordan's Housing Bank's for Trade & Finance, or HBTE, first half net profit rose 2.5% on year to 52.5 million Jordanian dinars ($74.1 million), despite the bad performance of its subsidiary in Syria due to the political crisis there, the Jordanian lender said in a statement on Wednesday.
The bank's profits before tax during the first half of this year hit JOD73 million, compared with JOD70 million the same period last year, it said.
Operational revenue reached JOD200 million during the first half of this year, compared with JOD164 million the same period last year, it added.
The bank's total assets reached JOD7 billion, while customers' deposits hit JOD4.9 billion, it said.
Write to Hassan Hafidh at hassan.hafidh@wsj.com
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(END) Dow Jones Newswires
31-07-13 1145GMT
