Jordan Islamic bank ( JIB)

Jordan Islamic Bank announces financial results for the third quarter of 2011

The profit for Jordan Islamic bank ( JIB) for ninth months ending on 30 /9/2011 reached about JD21.1m ($29.8m) compared to about JD20.7m ($29.2m) for the same period in the last year with an increase by 2%.
Fitch Ratings set the bank's credit rating at BB- with stable outlook which asserts the bank's strength , its intrinsic consistency, its strong Islamic banking franchise in Jordan especially in the retail segment, sound core profitability, stable funding base, strong liquidity and good level of risk management systems.

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