11.04.2013 - BOD recommends to distribute cash dividends by 15pct profits
Jordan Islamic Bank (JIB) announced that it has achieved distinguished financial results during 2012. The Bank's net profits before tax reached $72.21m at end of financial year 2012 with an increase of $16.22m and with a growth of 28.9% compared to $55.99m at the end 2011, whereas its net profits after tax reached $51.48m compared to $39.92m at the end 2011 and with an increase of $11.57m and with a growth of 28.7%. The Bank's Board of Directors recommended the Ordinary General Assembly to distribute cash dividends to shareholders at 15% of the Bank's capital...............................................Full Article: Source
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