Friday 22 November 2024
 
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Arab Bank

Arab Bank 9-month profits grow 7pc to $643m

Arab Bank Group reported net income after tax for the nine month period ended September 30 of $643million compared to $601 million in the prior period, recording a growth of 7 per cent. The Group’s net income before tax grew

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Diyar Al Muharraq inks partnership deal with Arab Bank

Diyar Al Muharraq, a leading urban developer in Bahrain, has signed a corporate referral agreement with Arab Bank, one of the most prominent banks in leading markets based in Amman, Jordan, for its upcoming mixed-use project in the country.

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Arab Bank Group reports $415m H1 profit

Arab Bank Group reported a net income after tax of $415.2 million for the first half of this year, compared to $424.9 million for the corresponding period of 2016. The results were driven by solid growth in underlying core revenue

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Arab Bank profit up 20pc to $533m

Arab Bank Group posted a net profit after tax of $533 million for 2016, a growth of 20 per cent compared to $442 million for 2015. The net operating income before provisions and taxes exceeded $1.1 billion, the bank said. E

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Arab Bank net profits stay steady at $617.9m

Arab Bank Group continued to achieve robust results during 2016, reporting net profit after tax and provisions for the period ending September 2016 of $617.9 million, compared to $615.1 million in the same period last year. The gr

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Arab Bank H1 net profit stays steady $424.9m

Jordan's largest lender, Arab Bank Group, reported a first-half net profit of $424.9 million, barely changed from $422.9 million in the same period last year. Its loan book and overall operations continued to grow despite exch

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Arab Bank profit plunges on US lawsuit payments

Jordan's largest lender, Arab Bank Group, said on Saturday its 2015 net profits fell to $442 million, from $577 million a year earlier, after putting aside hundreds of millions to cover a legal settlement in the US. Arab Bank

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Jordan's Arab Bank net profit hits $615m

Jordan's largest lender, Arab Bank Group, said its January-September net profit came to $615.1 million, barely changed from $614.2 million in the same period last year. It said its loans book and customer deposits had continue

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Arab Bank rejects report of $1bn settlement

Arab Bank Plc on Friday described as "inaccurate" a report that it would pay "slightly more" than $1 billion to settle litigation brought by hundreds of Americans who accused it of facilitating militant attacks in Israel.

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Arab Bank settles US suit over militant attacks

Arab Bank has agreed to settle litigation brought by hundreds of Americans who accused it of facilitating militant attacks in Israel, nearly a year after a US jury found the bank liable. The settlement was confirmed on Friday by M

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