Latest decisions taken by the shareholders’ General Assembly Meeting:
-The 41th Shareholders Ordinary General Assembly Meeting was held on Thursday 24.04.2014, the decisions adopted were as follows:-
1.Approval of the Board’s Report for fiscal year 2013 , the Bank’s Financial Statements as of December 31,2013 and theBank’s Action Plan for the year 2014.
2.Approval of Board’s recommendation to distribute dividends to shareholders for the year 2013, at the rate of 30% of the share par value .
3.Election of Ernst & Young as External Auditors for the Bank’s accounts for the year 2014 with authorization tothe Board to decide their fees.
Other disclosure information:-
-The Bank achieved during the first quarter of 2014 pretax profits amounting to JD 41 million, compared with JD 36 million during the first quarter of the last year, with a growth of 13.8%. After tax net profits were JD 31.3 million, compared with JD 25.9 million during the first quarter of the last year, with a growth of 20.9%.
-The Bank started the distribution of dividends for the year 2013 On the 5th of May 2014 at the rate of( 30% ) of the share par value and this is to be applied on Shareholders as of 24.04.2014
HTBF's Major Financial Indicators (2010 – Q1/2014)