AMMAN, February, 2015 \u2013 INVESTBANK, the leading bank in providing innovative banking solutions, announced a 4 percent increase in profits for 2014. The bank\u2019s profit for 2014 reached JOD 15.9 million, accounting to JOD 12.4 million after tax. <\/p>\n\n\n\n
INVESTBANK\u2019s Chairman, Bisher Jardaneh, stated that the bank\u2019s exceptional performance in 2014 demonstrated?? High operational efficiency and revenue generation on a solid strategic plan INVESTBANK has embarked on several years ago, which is currently reaping fruit.<\/p>\n\n\n\n
INVESTBANK\u2019s Board is expected to distribute 7 percent of profits among shareholders during April\u2019s General Assembly Meeting.<\/p>\n\n\n\n
Jardaneh restated his confidence in the bank\u2019s management demonstrated in its successful investors, clients and employees \u2013 all supporting INVESTBANK\u2019s mission to offer the best bespoke products for its customers. Jardaneh also commended the bank\u2019s policy in supporting the national economy and contributing to Jordan\u2019s economic development and prosperity. <\/p>\n\n\n\n
INVESTBANK\u2019s achievements are also highly visible through its CSR activities and initiatives, which focus on community empowerment and sustainable development.<\/p>\n\n\n\n
The bank\u2019s financial reports, currently awaiting Central Bank\u2019s sign-off, show significant increase in client deposits from JD 518 million in 2013 to 561 million last year; an 8.4 percent growth of JD 43 million. In addition, direct credit facilities have increased by 6 percent reaching JD 457 million in 2014, opposed to a 7.5 percent drop in bad credit facilities last year compared to 11.6 percent in 2013, which demonstrates the bank\u2019s solid risk management, collection and follow up policies. <\/p>\n\n\n\n
Moreover, IP has grown by 5 percent reaching JD 146.2 million last year, opposed to 139.5 million in 2013. <\/p>\n","protected":false},"excerpt":{"rendered":"
AMMAN, February, 2015 \u2013 INVESTBANK, the leading bank in providing innovative banking solutions, announced a 4 percent increase in profits for 2014. The bank\u2019s profit for 2014 reached JOD 15.9 million, accounting to JOD 12.4 million after tax. INVESTBANK\u2019s Chairman, Bisher Jardaneh, stated that the bank\u2019s exceptional performance in 2014 demonstrated?? High operational efficiency […]<\/p>\n","protected":false},"author":1,"featured_media":241074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-241073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/posts\/241073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/comments?post=241073"}],"version-history":[{"count":0,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/posts\/241073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/media\/241074"}],"wp:attachment":[{"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/media?parent=241073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/categories?post=241073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investbank.jo\/api-secure\/wp\/v2\/tags?post=241073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}