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Jordan's Arab Bank group H1 net profits drop 66%

Jordan's largest lender, Arab Bank Group, reported on  a 66% year-on-year drop in first-half net profit to $152.1 million as it set aside more money to cope with the economic fallout of the COVID-19 pandemic. Chief Executive Officer Nemeh Sabbagh did not give a figure for the provisions, but said…

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Click here to read the full story: Gulf News

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