In the meantime, the Arab Bank group continues to demonstrate strong results during the first nine months of 2024, supported by significant growth. At the beginning of this year, the bank announced an overall profit of 1.5 billion dollars, which is 8% higher compared to the same period of the previous year. Additionally, the group's capitalization also increased and reached 10.4 billion dollars.
As stated by the Chairman of the Arab Bank group, this successful result was achieved due to effective asset and risk management, as well as through diversification of their portfolio. The bank maintains a high level of liquidity and actively develops a network of branches and offices around the world, which contributes to strengthening its market positions.
