Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  AMMAN STOCK EXCHANGE  >  ARAB BANK    ARBK   JO1302311013

ARAB BANK (ARBK)
My previous session
Most popular
  Report  
SummaryChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets

Arab Bank PLC : Arab Bank Named Best Bank in Jordan by Euromoney for Sixth Consecutive Year

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/02/2013 | 02:42pm CEST

Arab Bank Named Best Bank in Jordan by Euromoney for Sixth Consecutive Year

02 Jun, 2013

Arab Bank was recognized as the Best Bank in Jordan by the international financial publication, Euromoney magazine, for the sixth consecutive year during the Euromoney 2013 Middle East Awards for Excellence ceremony held recently in Dubai.

The ceremony was attended by a number of leading bankers, representatives from the media and members of the awards jury which is comprised of a number of international experts and consultants from the global financial industry.

Euromoney recognized the Bank's exceptional financial performance and the leading role it plays in the banking and financial services industry in Jordan. Euromoney decides the winners by closely studying and evaluating a number of qualitative and quantitative factors including key industry performance indicators, financial ratios and innovation over a twelve-month period.

Mr. Nemeh Sabbagh, Arab Bank's Chief Executive Officer said, "This award is yet another international acknowledgment of Arab Bank's achievements in the local market and its effective contribution to the Jordanian banking industry. Being selected for the sixth consecutive year as the Best Bank in Jordan brings into light the Bank's solid financial performance and its unwavering commitment toward providing innovative banking services and solutions that meet the needs of a diverse base of customers."

"This high-profile international recognition is a testament to the Bank's exceptional achievements over the years and reinforces its leading position amongst the banking sector in Jordan and the Middle East," Mr. Sabbagh added. "Arab Bank will continue its journey of success by providing quality banking products and services to all corporate and individual customers at the highest standards, based on its solid banking foundations which distinguish it locally and regionally."

Arab Bank has recently gained many awards, including "Best Emerging Markets Bank in Jordan" in 2013 for the seventh consecutive year granted by Global Finance Magazine which specializes in financial and banking markets. Arab Bank was also granted the title of "Bank of the Year in Jordan" in 2012 by Financial Times Group's The Banker Magazine.

- Ends -
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ARAB BANK
10/10ARAB BANK : Global Lease in talks for EGP 1.55bn loans
AQ
09/30ARAB BANK : Local banking sector ‘most secure’ at pan-Arab level
AQ
09/20ARAB NATIONAL BANK : announces the Appointment of
AQ
09/12ARAB BANK : Oman Arab Bank picks Trend Micro security solution
AQ
09/12ARAB BANK : Oman Arab Bank receives customer excellence award
AQ
09/03ARAB BANK : OAB appoints Rashad Al Musafir as CEO
AQ
09/03BANK SOHAR SAOG : Oman Arab Bank appoints Rashad Ali Al Musafir as CEO
AQ
09/02ARAB BANK : OAB appoints Rashad Al Musafir as CEO
AQ
08/26Saudi Arabia’s Tadawul index closes in on 8,000 mark after holidays
AQ
07/30ARAB BANK : profits rise 5% in H1-18
AQ
More news
Financials ($)
Sales 2018 1 786 M
EBIT 2018 659 M
Net income 2018 708 M
Debt 2018 -
Yield 2018 5,00%
P/E ratio 2018 8,71
P/E ratio 2019 7,65
Capi. / Sales 2018 3,04x
Capi. / Sales 2019 2,81x
Capitalization 5 434 M
Chart ARAB BANK
Duration : Period :
ARAB BANK Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 9,00 $
Spread / Average Target 6,4%
EPS Revisions
Managers
NameTitle
Nehme Elias Sabbagh Chief Executive Officer
Sabih Taher Darwish Al-Masri Chairman
Eric J. Modave Chief Operating Officer
Ghassan Hanna Sulaiman Tarazi Chief Financial Officer
Basel Fayez Moussa Abdel Nabi Head-Information Technology
Sector and Competitors
1st jan.Capitalization (M$)
ARAB BANK8.11%5 430
AGRICULTURAL BANK OF CHINA LTD-1.04%183 241
POSTAL SAVINGS BANK OF CHINA CO LTD0.00%81 745
JAPAN POST BANK CO LTD-10.02%53 441
AUSTRALIA AND NEW ZEALAND BANKING GROUP-9.39%52 902
QNB47.62%46 542