Jordan-based Arab Bank Group has reported solid results for the first half of 2026 which rose to $571 million, up 7% over last year's figure of $535.3 million, as the growth in fee and commission income helped offset a challenging regional and global operating environment.
Announcing the results the six-months period ended June 30, 2026, Arab Bank said the Group maintained its strong capital base with a total equity of $13.5 billion.
Its total assets increased 7% to $80.3 billion, while loans grew 6% to $42.1 billion.
The customer deposits rose 6% to $58.8 billion, while total equity stood at $13.5 billion.
On the solid results, Chairman Sabih Masri said the Group’s sustained positive performance in the first half achieved despite continuing regional and global uncertainty, reflects the strength of the bank’s strategy and the soundness of its fundamentals.
Masri said the bank continues to monitor regional development with vigilance and discipline, managing risk proactively while preserving the strength of its balance sheet and delivering solid, sustainable returns to shareholders.
He pointed out that the lender continued to monitor geopolitical developments closely while maintaining disciplined risk management and a strong balance sheet.
The bank, he said, was expanding its presence in key markets, including the resumption of operations in Syria, the launch of an Islamic banking window in Algeria and the continued development of its franchise in Iraq.
It is also strengthening its wealth management business through its Swiss unit, he added.
CEO Randa Sadik said revenue increased 3% in the first half, supported by strong growth in non-funded income, contributing to the increase in net profit.
The bank's balance sheet continued to expand, reflecting its focus on financial strength and sustainable growth, she stated.
"The Group has maintained solid balance sheet growth of 7%, reflecting its ongoing focus on financial strength and sustainable growth. This performance underscores the Group’s commitment to delivering consistent value and supporting long-term business objectives," she added.-TradeArabia News Service
