July 28, 2018 / 11:01 AM / 2 months ago

Jordan's Arab Bank group says H1 net profit rise 5 pct to $436 mln

AMMAN, July 28 (Reuters) - Jordan’s largest lender, Arab Bank Group, reported a five percent rise in first-half net profit to $436 million from $415 million a year earlier.

A statement released on Saturday by the bank, one of the Middle East’s major financial institutions, said net operating income rose 13 percent to $668.5 million during the same period. (Reporting by Suleiman Al-Khalidi, Editing by William Maclean)

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