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The Arab Bank Group posted net profit of $ 453 million, up 4% from the same period last year.
The Bank maintained a strong capital base, with total equity of $ 8.7 billion.
Credit facilities reached US $ 26.2 billion at the end of the first half of this year, compared with US $ 25.5 billion for the same period last year and 3% growth, while customers rose 3% to $ 34.1 billion.
Commenting on the positive results of the Bank, Sobeih Al Masri, Chairman of the Board of Directors, emphasized his ability to achieve sustainable growth by successfully managing various conditions and adapting to changes and changes in the future. particularly in light of the economic slowdown in the region. The group has solid foundations in the banking sector and a prudent and conservative credit policy.
The bank is headquartered in Amman, Jordan, with headquarters in Amman.
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