jordan pulse -
The Banker magazine, owned by the Financial Times Group and headquartered in London, awarded the Arab Bank the title of Bank of the Year in the Middle East for the year 2023, during a special ceremony held recently in London attended by a group of banking figures and representatives of a large number of leading banks. From around the world.
The awarding of this title to the Arab Bank by the jury in The Banker magazine is based on a set of specialized criteria related to the bank’s financial position, performance, and the strategy it adopts, in addition to a set of other specialized criteria, which are studied and evaluated over a period of more than five months. The Banker magazine is considered one of the most prestigious magazines specialized in financial and banking affairs in the world, as its monthly publications have been a major reference for the global banking industry for more than 90 years.
Commenting on this honor, Ms. Randa Al-Sadiq - Executive General Manager of the Arab Bank, said: “This global recognition reflects the distinguished position that the Arab Bank holds locally and regionally, and its continued ability to achieve strong levels of performance despite the challenges facing the region and the world.” Al-Sadiq added: “At Arab Bank, we continue to provide integrated banking solutions to serve our customers based on the bank’s comprehensive strategy and its solid institutional approach, and with an ambitious and advanced future vision that keeps pace with the latest developments in the banking industry.”
During the past year, the Arab Bank received many various awards and certificates of appreciation from prestigious international bodies, the most prominent of which was the Best Bank in the Middle East Award for the year 2023 from the New York-based Global Finance magazine, for the eighth year in a row.
It should be noted here that the Arab Bank, which is headquartered in Amman, Jordan, was founded in 1930 and has one of the largest global Arab banking networks, which includes more than 600 branches distributed across five continents.