Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Our Strategy
Financials
Overview
Quarterly Reports 2010
Annual Report 2009
Annual Report 2008
Annual Report 2007
Annual Report 2006
Annual Report 2005
Annual Report 2004
Annual Report 2003
Annual Report 2001
Previous Quarter Results
Pillar Disclosures
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Investor Relations
Financial News
FinancialNews
30-01-23
Jordan’s Arab Bank records 73 percent rise in revenue to USD544M last year
(MENAFN) Jordan’s largest lender Arab Bank has recorded 73 percent jump in revenue to stand at USD544 million last year, in comparison with USD314.5 million last year, triggered by strong expansion in its core banking business throughout several markets.
After surged operating revenue, Arab Bank’s net income before supplied and tax rose by 23 percent to amount to USD1.35 billion last year, the bank mentioned in a press announcement.
Randa Sadik, chief executive of Arab Bank, asserted that bank showed maintainable expansion rates throughout last year in spite of the financial obstacles stemming from peak inflation, surged interest rates as well as the devaluation in trading rates of many currencies versus the US dollar.
She additionally pointed out that Arab Bank group’s liquidity and asset quality stay powerful where the loan-to-deposit ratio reached an amount of 74.2 percent and credit provisions held on contradiction of nonperforming loans carry on to surpass 100 percent.
It need to be pointed out that the Arab Bank’s last year economic statements are subject to the acceptance of the Central Bank of Jordan.
MENAFN30012023000045014228ID1105493538
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us