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.
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
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
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
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
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
Arab Bank recently received the ‘Best Trade Finance Provider in the Middle East’ award from Global Finance Magazine for the sixth consecutive year.
It received this award based on its transaction volume, scope of global coverage, customer