3 hours ago
Watan Al-Youm – The statements of the Director of the Association of Jordanian Banks, Maher Al-Mahrouq, sparked a wave of negative reactions after his speech, which some observers considered not reflecting the reality of the situation. Postponement of loan installments as expected, Al-Mahrooq indicated in his remarks
Postponement of loan installments requires a study of its justifications and availability.
Al-Mahrouk indicated that the postponement of loan installments is linked to the search for justifications for the postponement.
A state of disapproval raised by Al-Mahrouk’s statements after the banks achieved high profits, as aPreliminary financial statements of the banks listed on the Amman Stock Exchange showed that their net profits increased by 39.5% last year, compared to 2021.
According to the data, banks listed on the Amman Stock Exchange recorded net profits after taxes and provisions of 820.6 million dinars last year, compared to 588.4 million dinars in 2021.
She pointed to the growth of credit facilities and the increase in assets of most banks, in addition to the decline in provisions for expected credit losses, which reflected positively on the operational activity of the sector.
The companies listed on the Amman Stock Exchange achieved net profits after tax amounting to 2.47 billion dinars last year, an increase of 87.7% compared to 2021, to record the “highest record level” ever in the financial data records of public shareholding companies listed on the Amman Stock Exchange.
The data showed that the three main sectors in the stock exchange grew their profits last year, as the industrial sector recorded a net profit of 1.36 billion dinars, an increase of 139.4%, while the financial sector recorded a net profit of 835 million dinars, a growth rate of 37.3%, while the services sector achieved a net profit of 277 million dinars, an increase of 96.4%. .