Net profit declines at Bank al Etihad

AMMAN — Bank al Etihad's net profit during the January-June period of 2015 reached JD10.4 million, compared with JD11.6 million profits in the same period of last year.

The bank's data showed gross profit stood at JD16 million in the 2015's period, compared to JD16.5 the bank achieved in last year's period.

The data also showed an increase of impairment provisions for direct credit facilities to JD5.5 million in the first six months of 2015, compared to JD3.2 million during the same period of 2014.

The bank also announced that the total liabilities and shareholders' equity stood at JD2.2 million until the end of June, 2015, compared to JD2.3 million in 2014's January-June period.