Jordan's Housing Bank H1 net profit up 68 pct

Jordan's Housing Bank for Trade and Finance posted a 68 per cent rise in first-half net profit to 48.9 million dinars ($68.8 million) against the same period last year, released results showed on Thursday

Financial statements obtained by Reuters also showed that assets at the bank, the country's second-largest lender, had risen 2.2 per cent by the end of June 2010 to 6.22 billion dinars ($8.77 billion) compared with the end of 2009.

Gross income rose 4.5 per cent to 132.86 million dinars compared with a year earlier.

Deposits rose 2 percent to 4.521 billion dinars at the end of June 2010 from the end of December 2009.