UPDATE 1-Jordan Housing Bank 2007 net profit up 18 pct

(Adds details and background)

AMMAN, Feb 4 (Reuters) - Jordan's Housing Bank for Trade and Finance THBK.AM, the country's second-largest listed bank, said on Monday its net profit rose 18 percent in 2007 to 111.5 million dinars ($163 million), with strong growth across the board.

Michel Marto, the bank's chairman, attributed the healthy performance in 2007 to the bank's diversified activities, boosted by a rise in deposits and underpinned by strong business activity in Jordan and growth in regional markets.

The bank's operational revenues rose to 239.8 million dinars, up 18 percent from the previous year.

"All the bank's activities and financial trends saw clear growth and all the bank's profits came as a result of the growth in the operational activities of the bank in all areas," Marto said in a statement sent to Reuters.

The bank's assets rose 23 percent to 5 billion dinars at the end of 2007.

Pretax profits rose 19 percent to 154.5 million dinars.

Marto said a board meeting recommended a cash dividend of 0.30 dinars per share.

Marto said total customer deposits rose 25 percent to 3.7 billion dinars at the end of 2007 against the previous year.