INVESTBANK achieved an increase in its profit during the first quarter of 2012

Press release
Published May 13th, 2012 - 10:46 GMT

Al Bawaba
Al Bawaba

Chairman of INVESTBANK Mr. Bisher Jardaneh announced that the first quarter of 2012 financial results showed an increase in net profit after tax to reach JD 6.659 million compared with JD 3.072 million during the same period of 2011. Also total equity and liabilities have increased from JD 691.7 million by the end of 2011 to JD 725.3 million by the end of 2012 first quarter with a growth rate of 4.85%.

Commenting on the results, Chairman of INVESTBANK, Mr. Bisher Jardaneh, said:"INVESTBANK has achieved an outstanding increase in its profit during the first quarter of 2012. This great achievement is a deep reflection of the bank's success in executing on its strategy which was built off of a solid vision. The bank’s aim of rising with innovation will constantly provide relevant products and services to our valuable clients." He added: “The results achieved by INVESTBANK are the outcome of the cumulative efforts and hard work of both the employees and management with team work we got to where we are today and we look forward to further progress and continue our success during this year and the year to come.

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