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MarketScreener Homepage  >  Equities  >  AMMAN STOCK EXCHANGE  >  Arab Bank PLC    ARBK   JO1302311013

ARAB BANK PLC

(ARBK)
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Arab Bank PLC : AB Invest Named Best Brokerage House in Jordan

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11/17/2013 | 03:49am EDT
AB Invest Named Best Brokerage House in Jordan

17 Nov, 2013

Global Investor Magazine recognized Al Arabi Investment Group Co. Ltd (AB Invest), Arab Bank's investment arm in the MENA region, as the Best Brokerage House in Jordan for the fourth consecutive year during the "Future of the Capital Markets in the Middle East Summit" held recently in Doha. AB Invest received this prestigious award for its level of service and excellence, its adaptation to market conditions, its continuous innovation, in addition to its competitive pricing and overall performance.


On the occasion of winning the award, Mr. Omar Alwir, Chief Executive Officer of AB Invest commented, "Receiving this award reaffirms AB Invest's successful track-record in providing leading brokerage services in the Kingdom." Mr. Alwir added, "We are dedicated to continuously building our brokerage offering in Jordan and the region as part of our commitment to offer our customers efficient services and to meet their investment objectives."


Established in 1996 as the first fully fledged investment banking services firm in Jordan, AB Invest has pioneered integrated investment banking services, which include corporate finance, asset management, brokerage and equity research. It has consistently ranked as one of the largest and most innovative investment banks in Jordan.

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Sales 2019 1 852 M
EBIT 2019 871 M
Net income 2019 840 M
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P/E ratio 2019 6,51
P/E ratio 2020 6,02
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NameTitle
Nehme Elias Sabbagh Chief Executive Officer
Sabih Taher Darwish Al-Masri Chairman
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Basel Fayez Moussa Abdel Nabi Head-Information Technology
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