Latest decisions taken by the shareholders’ General Assembly Meeting:
-The 39th Shareholders Ordinary General Assembly Meeting was held on Wednesday 28.03.2012, The decisions adopted were as follows:-
Approval of the Board’s Report for fiscal year 2011 , the Bank’s Action Plan for year 2012 andthe Bank’s Financial Statements as of December 31,2011.
Approval of the recommendation by the Board of Directors concerning distribution of dividends to shareholders for the year 2011, at the rate of 25% of the par value .
Election of Ernst & Young as External Auditors for the Bank’s accounts for the year 2012 and authorization tothe Board to decide their fees.
Other disclosure information:-
-The Bank started the distribution of dividends for the year 2011 on 4. 4.2011at the rate of ( 25% ) of the share par value, this applied to Shareholders as of 28.3.2011
-For the year 2011 The Bank reported a net profit (after tax ) ofJD100 million , an increase of 16.6 % over 2010.Accordingly ,total shareholders’ equity rose byJD25 million to end 2011 atJD1.05 billion .
HTBF's Major Financial Indicators (2007 – 2011)
JD million*
Item / Year
2007
2008
2009
2010
2011
Total Assets
5,020.1
5,430.6
6,090.4
6,679.7
6,938.0
Customers’ Deposits
3,500.6
3,764.5
4,430.4
4,808.6
4,833.9
Credit Facilities - Net
1,936.3
2,341.7
2,368.6
2,449.1
2,502.1
Total Equity
890.3
911.0
966.5
1,023.9
1,048.6
Gross Income
238.8
245.2
260.4
264.0
300.7
Profit before Income Tax
154.5
142.0
97.0
116.4
135.7
Profit after Income Tax
111.5
101.3
66.6
88.4
100.0
Cash Dividends
64.3
75.0
50.4
63.0
63.0**
Basic earnings per share to equity holders of the Bank (EPS)
