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 distributed dividends for the year 2013 starting fromthe 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
-During the first half of 2014, the Housing Bank achieved a growth in net profits with a rate of 16.4%, where net profits "after provisions and after tax" amounted JOD 61.1 million compared to JOD 52.5 million achieved during the first half of last year, which confirms the strength of the Bank's financial position and its ability to continue to achieve greater achievements and growth rates of various activities
HTBF's Major Financial Indicators (2010 – Q1/2014)