AMMAN: Jordan-based Arab Bank Group made a net profit of $205.1m in the first quarter of the year, up from $204.4m in the same period last year, it said yesterday. The bank, one of the Middle East’s major financial institutions, which has a $45.6bn balance sheet spread across 30 countries and five continents, said in a statement it was able to maintain healthy growth in revenues, with operating profits up 7 percent for the quarter.
Reuters
