Awards for Excellence 2008: Jordan

Amman is the somewhat unexpected home of what, by some measures, is the largest bank in the Middle East – Arab Bank.

Global Awards for Excellence
Outstanding Contribution to Financial Services in the Middle East
Bahrain Egypt Iran
Jordan Kuwait Lebanon
Oman Qatar Saudi Arabia
UAE

Best bank: Arab Bank 

Amman is the somewhat unexpected home of what, by some measures, is the largest bank in the Middle East – Arab Bank.

The bank maintains a large regional network, with substantial operations in Egypt, Oman, Saudi Arabia, Syria, United Arab Emirates and Qatar. This provides it with a more diverse income than those of its Jordanian competitors. Moreover, other markets in the Middle East make Jordan’s 6% GDP growth rate look sluggish.

Arab Bank Group’s net income has grown by 25% over the past year.

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