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Arab Bank 2012 net profit up 15pcJordan's largest lender, Arab Bank Group, said it has registered a net profit of $352 million in 2012, up 15 per cent over $350 million the previous year on the back of higher revenues. One of the Middle East's major financial i More… |
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Arab Bank Group Q1 net rises 10pcJordan-based Arab Bank Group posted a 10 per cent rise in quarterly profit on Tuesday to $204 million, as revenues rose and its wide geographical spread left it less exposed to the region's political turmoil than some of its peers. The ban More… |
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Arab Bank Group 2010 net plunges 53pcArab Bank Group, one of the leading financial groups in the Middle East, has posted a 53 per cent drop in its 2010 net profit. The net profit touched $251 million after it set aside hefty provisions for bad loans for a second consecut More… |
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Arab Bank Group gets stable outlookStandard and Poor's, the international credit rating agency has affirmed the ratings of Arab Bank Group at “A-” with “Stable” outlook. The ratings reflect Arab Bank's strong financial strength, high asset quality and robust capitalization More… |
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Stable outlook for Arab Bank GroupJordan's Arab Bank Group said Standard and Poor's Rating Services had affirmed its 'A-'foreign currency long-term rating with a stable outlook due to the bank's healthy financial position. Chairman Abdel Hamid Shoman sa More… |
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Arab Bank Q1 profit down 20.6pcJordan-based Arab Bank Group, one of the Middle East's major financial institutions, said on Tuesday its first-quarter pretax profit fell 20.6 per cent to $216 million. A statement from the bank, which did not disclose net profit, attr More… |
