jordan kuwait bank-spon adr
(JDKWY:OTC US)
jordan kuwait bank-spon adr (JDKWY) Snapshot
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jordan kuwait bank-spon adr (JDKWY) Related Businessweek News
No Related Businessweek News Foundjordan kuwait bank-spon adr (JDKWY) Details
Jordan Kuwait Bank provides banking and financial products and services for individuals and corporate customers in Jordan and internationally. The company offers deposit accounts, such as current, term deposit, and saving accounts; and loans, including personal, higher education, housing, and office and clinic loans, as well as loans to purchase new and used cars. It also provides credit facilities comprising medium and long-term credits; direct loans; syndicated loans; bond issues; and working capital finance, including overdraft facilities, discounting promissory notes, and letters of credit and letters of guarantee for expansion financing, fixed asset purchase, and other investment needs. In addition, the company offers investment products, such as the management of investment funds; stocks and bonds trading; capital guaranteed products; and sharia-compliant investment products, as well as mediates various investment transactions primarily in the real estate field. Further, it provides margin trading services; custodial services; services in foreign exchange, money market, and hedging requirements; and brokerage and financial consultation services. Additionally, the company offers credit cards; safe deposit boxes; and Internet banking, phone banking, automated teller machines, money transfer, and pre-paid mobile card services. It operates approximately 53 branches and cash offices in Jordan; 2 branches in Palestine; and 1 branch in Cyprus. The company was founded in 1976 and is headquartered in Amman, Jordan. Jordan Kuwait Bank is a subsidiary of Burgan Bank.
jordan kuwait bank-spon adr (JDKWY) Key Developments
Jordan Kuwait Bank reported consolidated earning results for the nine months of 2012. For the nine months, the bank reported total income of JOD 88.74 million compared with JOD 81.18 million for the same period of 2011, with net interest and commission generating JOD 73.2 million of the said income. Profits (after tax) amounted to JOD 36.419 million with a 10.73% increase compared with the corresponding period of the year 2011.
Jordan Kuwaiti Bank announced earnings results for the six months of 2012. For the period, the company's net profit stood at JOD 25.6 million compared to JOD 23.3 million generated during the same period of 2011. Profit before tax was JOD 33.8 million.
Jordan Kuwaiti Bank reported earnings results for the first half of 2012. The company announced that its net profit stood at JOD 25.6 million in the first half of 2012 compared with JOD 23.3 million generated during the same period of 2011. The bank's profit before tax amounted to JOD 33.8 million.
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| JDKWY:US | $0.00 USD | 0.00 | |
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Industry Analysis
JDKWY
Industry Average
| Valuation | JDKWY | Industry Range |
| Price/Earnings | 10.6x |
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| Price/Sales | 4.8x |
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| Price/Book | 1.3x |
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| Price/Cash Flow | 10.6x |
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| TEV/Sales | 0.7x |
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To contact JORDAN KUWAIT BANK-SPON ADR, please visit www.jkb.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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