Bank Al Etihad reported a 18.7% rise in FY14 earnings before taxes and provisions to JOD 44.2 million, compared with JOD 37.2 million in FY13.
The lender said in a statement today that net earnings after taxes and provisions increased by 17.5% year-on-year from JOD 22.5 million to JOD 26.5 million.
The board recommended paying cash dividend at 8% of paid-in capital, and raising capital by JOD 15 million to JOD 125 million through bonus share distribution, according Jordan News Agency.
