News

Islamic International Arab Bank plc reported Profit Before Tax for the year 2021 of  48.2 million JOD compared to 44.7 million JOD for the year 2020 showing a growth rate of 8%.

and the profit after Tax for the year 2021 is 33.7 million JOD compared to 30.4 million JOD for the year 2020 showing a growth rate of 11%.  

The Gross Income increased to 86 million JOD compared to 83 million JOD, and Total deposits balance (including Wakala and Restricted deposits) shows growth by 7% and reached 2,698 million JOD compared to 2,521 million JOD for the year of 2020.

The local credit facilitates portfolio shows growth by 8% and reached 1,704 million JOD compared to 1,581 million JOD for the year of 2020, and the Capital Adequacy Ratio reached 20.51%. 

Noting that mentioned financials are preliminary and subject to the Central Bank of Jordan's approval.