May 2009 Jordan Islamic Bank Jordan Islamic Bank posted JD8.1 million in net pre-tax profit during the first quarter of this year compared to JD7.83 million during the same period last year, according to the bank's General Manager Musa Shihadeh. He said the bank plans to bring up its capital in July to JD100 million from JD81.25 million. Clients' deposits went up during the first three months of the year by around JD70 million or 4.5 per cent, to JD1.62 billion compared to JD1.55 billion, he added. At the end of the first quarter, shareholders' equity rose to around JD169 million compared to JD161 million at the end of 2008, he noted. Credit facilities extended to clients reached around JD1.61 billion at the end of March this year compared to JD1.12 billion at the end of last year while the bank's assets totalled around JD1.84 billion compared to JD1.59 billion

© Jordan Times 2009 omar 1.1:zy