News

IIAB achieving a growth of 38%
Tue 07 February 2017

Islamic International Arab Bank's financial results for the year ending 31/12/2015 showed an increase in the Bank’s Profit before Tax to reach JD 34.6 million; a 38% growth from 2015, and Net profit after taxes reached JD 23 million against JD 16.6 million in 2015. 

As a result of the Bank’s main activities, net income for the year 2016 amounted to JD 65 million against JD 53 million in 2015, total direct credit facilities amounted to JD 1.139 billion; achieving a growth of 19% from the previous year, and capital adequacy ratio is 16.21%.