Jordan Kuwait Bank - Jordan (JOKB)

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News

1 November 2016 00:45 PM Jordan Kuwait Bank Q3 profits rise 39%

Mubasher: Jordan Kuwait Bank – Jordan reported on Tuesday a rise of 38.7% in its net profit for the third quarter of 2016 to JOD 8.78 million ($12.38 million), compared to JOD 6.33 million ($8.93 million) for Q3-15. Net profit for the first nine …

Financial Results

31 July 2016 01:18 PM Jordan Kuwait Bank profits down 30%

Mubasher: Jordan Kuwait Bank announced achieving JOD 7.8 million ($10.9 million) in profits in the second quarter of 2016, according to a bourse filing. The bank’s Q2-16 profits retreated 29.7% year-on-year, while profits in the first half of the …

Financial Results

6 January 2016 08:57 AM Burgan offloads majority stake to KIPCO unit for $628m

Kuwait-Mubasher: Burgan Bank said it has sealed an agreement to sell its 51.19% stake in Jordan Kuwait Bank to a subsidiary of Kuwait Projects Holding (KIPCO) for KWD 191.13 million or around $628.1 million The bank said in a bourse statement that …

Mergers and Acquisitions

30 December 2015 02:23 PM Burgan exits stake in Jordan Kuwait Bank for KIPCO unit

Kuwait-Mubasher: Burgan Bank has sold its entire 51.19% stake in Jordan Kuwait Bank for a subsidiary of Kuwait Projects Company Holding (KIPCO), the company said in a bourse statement. The exit deal aims at raising the bank’s capital in order to …

Mergers and Acquisitions

1 November 2015 11:58 AM Jordan Kuwait Bank reports 32.35 % fall in 9M profit

Mubasher: Jordan Kuwait Bank Sunday said that its January-September profit came at JOD 27 million (about $38 million). The Amman listed bank’s profit declined by 32.35%, compared to JOD 40 million (about $56.2 million) in the same period last …

Financial Results

14 May 2015 00:09 PM Jordan Kuwait Bank approves 20% dividends

Amman-Mubasher: Jordan Kuwait Bank (JKB) shareholders approved to distribute a cash dividend of 20%, totalling JOD 20 million ($28.13 million), according to a filing to Amman Stock Exchange.JKB previously reported a profit rise of 6% to JOD 50.19 …

Company News

15 October 2014 04:23 PM Jordan Cable firm signs $94.6 mln deal

Middle East Specialized Cables Company (MESC) announced signing a syndicated loan agreement to restructure existing loans granted by The Housing Bank for Trade & Finance, Capital Bank of Jordan, Jordan Commercial Bank, and Jordan …

Banking and Finance

6 August 2014 03:01 PM Jordan Kuwait Bank profits up 4% to JOD 28 mln

Jordan Kuwait Bank announced that its net profits in the first half this year soared by 4% to JOD 27.7 million compared with JOD 26.6 million in the first half of the last year.Earnings per share increased to JOD 0.276 …

Banking and Finance