Arab Bank Plc
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Accordingly, Arab Bank now enjoys two “CategoryA” ratings from both Fitch and Moody’s.
Moody’s notes that Arab Bank’s ratings reflect the Bank’s dominant position in the local market, its geographical diversification, as well as its very …Read full article » Jordan: Thursday, December 07 - 2006 @ 10:48
The improvement was due largely to a rise in operating revenue from core corporate, retail and investment business, said chairman and CEO Abdel Hamid Shoman told Reuters in a statement.
Total assets rose to $30.5 …
The FSA’s licensing will enable EAB to have a European passport to branch out in all European Union countries.
As a wholly-owned subsidiary of Arab Bank plc, Europe Arab Bank will have the benefit of being …Read full article » Jordan: Tuesday, May 23 - 2006 @ 10:04
Under this new arrangement, AFS will provide Arab Bank with the technical infrastructure and professional expertise to deploy and implement this new and innovative flexible payment option, and further strengthen the strategic partnership between AFS …Read full article » Bahrain: Monday, April 24 - 2006 @ 10:47
The London based international rating agency also affirmed Arab Bank’s other ratings at (F2) for short-term and (B) for individual.
Fitch said the upgrade “reflects improved growth potential for the bank following a substantial rights issue …Read full article » Jordan: Tuesday, March 28 - 2006 @ 08:24
The conference, organized by the Union of Arab Banks and supported by the US Department of the Treasury, is the first of its kind in the region, and will be held in Cairo between 22 …Read full article » Jordan: Saturday, March 18 - 2006 @ 11:52
The project is owned by the Dubai Electricity & Water Authority (DEWA). The signing ceremony was attended by Mr. Sun Kyu Kim, CFO & Executive Vice President of Hyundai Engineering & Construction Co., Ltd. and …Read full article » United Arab Emirates: Tuesday, September 13 - 2005 @ 13:31
The Arab Bank MENA Fund is a flagship, regional product for Arab Bank Plc that seeks to capitalize on the positive economic trends and investment opportunities in the regional markets. It will primarily invest in …Read full article » Jordan: Monday, June 13 - 2005 @ 17:18
The net income of AED 87 million represents a growth of over 100% over 2003 results. The significant growth in profits was fuelled by an increase in the overall lending activities of the bank, where …Read full article » United Arab Emirates: Tuesday, May 03 - 2005 @ 10:48
The newly added benefits include a special Triple Protection Programme, an exclusive Discount and Privileges programme and travel benefits. The bank has also introduced a new section within its Internet Banking service named “My Cards”, …Read full article » United Arab Emirates: Sunday, November 21 - 2004 @ 13:36