Sunday 13 July 2014
 
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Arab Bank

Arab Bank posts 5.4pc rise in Q1 profits

Arab Bank Group reported 5.4 per cent growth in net profits after taxes and provisions for the first quarter of 2014, reaching $216.3 million compared to $205.1 million for the same period last year. Customer deposits also increas

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Arab Bank profit rises 43pc to $501 million

Jordan's largest lender, Arab Bank Group, posted a 43 percent rise in net profit to $501.9 million last year on higher revenues, with its chairman saying a conservative policy eased the impact of political upheaval across the region.

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Arab Bank named ‘Best Cash Manager’

Arab Bank won the ‘Best Cash Manager in the Middle East 2013’ from the Global Investor ISF Magazine, published by Euromoney, at a ceremony held in Doha recently. The Jordan-based bank was recognised for its global cash

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Arab Bank wins major recognition

Arab Bank was awarded the title of 'Regional Bank of the Year' for 2013 from Arabian Business during a ceremony held at the JW Marriott Marquis in Dubai. The bank received this award in recognition of its leading banking s

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Arab Bank sees double-digit profit growth this year

Jordan's Arab Bank, one of the largest Middle East financial institutions, expects double-digit growth in net profit in 2013, bank officials said on Saturday. The bank reported first-half net profit up 7.5 percent to $387 mill

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Arab Bank sees double digit profit

Jordan's Arab Bank , the country's largest lender, said it expects double digit profitability in 2013 as much lower provisions and steady growth in net operating income improves the bank's bottom line

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US judge dismisses suit against Arab Bank

  A federal judge on Tuesday threw out a lawsuit brought by a US man wounded in the Middle East who sought to hold Arab Bank liable for providing material support to the Palestinian group Hamas.   U

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Arab Bank nine-month profit up 13pc

  Jordan-based Arab Bank Group's net profit was up 13 percent at $484.5 million in the first nine months of the year, helped by a rise in net interest and operating income.   The bank said on Mo

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Apicorp Q3 net profit jumps 90pc

Arab Petroleum Investments Corporation (Apicorp), a Saudi-based multilateral bank owned by the Arab states, maintained the robust growth momentum this year with a 90 per cent jump in its third quarter net profit. Announcing the re

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Arab Bank profits up 10pc to $360m

  Jordan's Arab Bank Group saw its first-half net profits rise by 10 percent to $360 million compared with the same year-ago period due to lower provisions and a rise in operational income despite political upheaval that hit

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