Cairo Amman Bank Records JD2.2m Mid-Year Profits
The Cairo Amman Bank (CAB) has recorded JD2.2 million net profit in mid-year results this year compared to the losses incurred in the same period of 1999, a bank's statement was quoted by Jordan Times Wednesday as saying.
Last year, the bank recorded JD29,000 losses in mid-year results, said the paper.
As published in the local Arab dailies on Tuesday, the CAB's half-year results showed that the profits were recorded despite the decline of its revenues from commission and interest to JD32.1 million compared to JD34.8 million in the past year, the daily said - Albawaba.com
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