12 May UPDATE 2-Arab Bank Q1 profit drops 36% on coronavirus provisions
Arab Bank Group, Jordan’s largest
lender, said on Wednesday its first-quarter profit dropped 36%
as it increased provisions to cope with disruptions from the
coronavirus pandemic, but loans and customer deposits continued
to grow.
lender, said on Wednesday its first-quarter profit dropped 36%
as it increased provisions to cope with disruptions from the
coronavirus pandemic, but loans and customer deposits continued
to grow.
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