Jordan-based Arab Bank Group has delivered solid results for the first nine months of 2026 recording a 10% jump in its net profit after tax to hit $902 million compared to the last year's figure of $818 million.
The Group successfully leveraged its diverse capabilities and wide geographic footprint to enhance both its financial and operational performance.
Its balance sheet showed steady and well-balanced growth, with total assets rising by 5% to reach $81 billion, supported by growth in lending activities and an expanding customer base.
The loan portfolio increased by 4% to $42.5 billion, while customer deposits increased by 6% to $59.3 billion, highlighting the Group’s solid financial position and its ability to maintain balanced and sustainable growth.
On the results, Chairman Sabih Masri said: "Arab Bank Group’s financial performance demonstrates our continued ability to achieve positive results across all key business areas. This performance is driven by a balanced approach that combines sustainable growth with prudent risk management, built on robust strategic pillars: a wide geographic presence, diversified sources of revenue, disciplined risk management, and commitment to digital transformation and innovation."
Masri said the Group’s results were achieved against a backdrop of geopolitical challenges in the region and the world, compounded by ongoing uncertainty that has affected the business environment at both regional and global levels.
Arab Bank Group’s commitment to investing in talent and advanced technologies, while upholding sound governance practices to ensure sustainable growth and ongoing value creation for shareholders, customers, and the communities in which the Group operates.
CEO Randa Sadik confirmed the Bank’s ability to grow and achieve sustainable results across all business lines. "This growth was led by an 11% increase in non-interest income, reflecting the success of the Bank’s strategy in building diverse revenue sources and reducing reliance on traditional interest margins," he stated.
Sadik emphasised asset quality and financial strength, noting that the Bank maintained a stable non-performing loan ratios and achieved high provision coverage levels exceeding 100%.
The Group’s capital adequacy ratio, according to Basel III guidelines, reached 17.4%, surpassing the minimum requirement set by the Central Bank of Jordan. Additionally, high liquidity levels were maintained, with a loans-to-deposits ratio of 72%, providing the Bank with significant flexibility to pursue growth and capitalize on promising investment opportunities across its markets.-TradeArabia News Service
