Tuesday, December 24, 2024
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Arab Bank named best bank in Middle East

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Arab Bank has one of the largest global Arab banking networks with over 600 branches

Staff Report

Dubai: Jordan-based Arab Bank was named the “Best Bank in the Middle East 2024” for the ninth consecutive year by New York-based international publication – Global Finance.

When selecting top banks, Global Finance considered several factors such as asset growth, profitability, geographical coverage, strategic alliances, product innovation, and market expansion.

The evaluation criteria also included the opinions of equity analysts, credit rating analysts, banking consultants, and industry participants.

“The global recognition for the ninth consecutive year is a testament to Arab Bank’s leading position across the MENA region banking landscape, reinforced by the bank’s robust business model and its ability to achieve solid results despite regional and global challenges.” Randa Sadik, Arab Bank’s Chief Executive Officer, said.

“Through our established institutional approach and ambitious strategy, we are committed to providing integrated banking services across various sectors, delivering a comprehensive banking experience for customers supported by the latest digital banking solutions, both locally and regionally.”

The Banker Magazine, owned by the Financial Times and based in London, has also named Arab Bank as Bank of the Year in the Middle East for 2023. 

Arab Bank has one of the largest global Arab banking networks with over 600 branches. Arab Bank’s extensive network covers key financial markets and centers such as London, Singapore, Shanghai, Geneva, Paris, Sydney, Dubai, and Bahrain.

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