Arab Bank: One Of The Largest Global Arab Banking Networks

Arab Bank: One Of The Largest Global Arab Banking Networks
Arab Bank’s extensive network covers key financial markets and centers such as London, Dubai, Singapore, Geneva, Paris, Frankfurt, Sydney and Bahrain.

Established in 1930, Arab Bank headquartered in Amman, Jordan has one of the largest global Arab banking networks with over 600 branches spanning five continents. Arab Bank’s extensive network covers key financial markets and centers such as London, Dubai, Singapore, Geneva, Paris, Frankfurt, Sydney and Bahrain.

Across its global network, the bank provides a wide range of financial solutions through its main business lines which entail Consumer Banking, Corporate and Institutional Banking and Treasury, serving individuals, corporations and other financial institutions.

As one of the leading banks in the MENA region, Arab Bank plays an integral role in financing vital infrastructure projects and strategic industries throughout the region. In the first half of 2019, Arab Bank Group reported net income after tax of USD 453.2 million. Total assets amounted to USD 48.3billion and owners’ equity reached USD 8.7 billion.

Arab Bank received several international awards and recognitions from reputable international parties, most notably the award for Best Bank in the Middle East 2019 from Global Finance magazine – New York (for four consecutive years) and the Middle East’s Best Bank 2019 from Euromoney magazine – London. The list of awards Arab Bank received during 2019 and 2018 also included Best Bank in Jordan from Global Finance, Euromoney, Asiamoney and EMEA Finance magazines and Bank of the Year from The Banker magazine.

Arab Bank also received several awards from Global Finance magazine including: Best Trade Finance Provider in the Middle East, Jordan and Morocco, Best Foreign Exchange Provider in Jordan, Best Private Bank in Jordan, and Best Treasury and Cash Management Provider in Jordan, Morocco and Bahrain, Lebanon and Qatar.

The bank was also awarded Best Trade Finance Bank in Jordan from Global Trade Review magazine and Palestine’s Best Bank from Euromoney magazine. Furthermore, the bank was awarded Best Bank for SMEs in the Middle East from Euromoney, Best FX Services in the Middle East, Best Transactional Bank for Financial Institutions in the Middle East and Best Trade Finance Services in the Middle East from EMEA Finance, as well as Best Digital Bank in the Middle East from Union of Arab Banks and Best Bank for Banking Services Quality in the Middle East from World Union of Arab Bankers.

The bank was also awarded 20 global awards from Global Finance in recognition of its consumer and corporate digital banking services across the Middle East during 2019 and 2018.

 

For more information, please visit: www.arabbank.com

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