By : Business Editor
Jordan Daily – The Housing Bank for Trade and Finance (HBTF) reported a 6.3% increase in net profit after provisions and taxes for 2023, reaching JD140.8 million, the highest in its history.
The group’s chairman, Abdel Ilah Al-Khatib, said in a statement , the results reflected its sustainable growth strategy, based on innovation, efficiency and quality in its operations and credit portfolios.
He said the group also maintained a strong financial position despite the challenges posed by the the regional instability and the Israeli aggression on Gaza, which affected key economic sectors such as services, tourism and transportation.
HBTF is one of the largest banks in Jordan and operates in several countries in the Middle East.
