February 2, 2015 / 4:07 PM / 3 years ago

Jordan's Housing Bank says 2014 net profit rose 16 pct

AMMAN, Feb 2 (Reuters) - Jordan’s Housing Bank for Trade and Finance reported 2014 net profit rose 16 percent to 123.9 million dinars ($175 million), led by continued growth in its core banking activities and healthy performances by its subsidiaries.

The country’s second-largest lender said in a statement total assets reached 7.6 billion dinars at the end of 2014, up 5 percent from the same time a year earlier. (Reporting by Suleiman Al-Khalidi; Editing by David Holmes)

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