2 Days
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الوطن
Arab Bank reports 570.9M profit
Arab Bank achieved a net profit of $570.9 million in the first half of 2026, representing a growth rate of 7% compared to the same period in 2025. The group maintained a strong financial position, with shareholders' equity reaching $13.5 billion, and total assets increasing to $80.3 billion at a growth rate of 7%. The loan portfolio also rose by 6% to $42.1 billion, while customer deposits grew by 6% to $58.8 billion. The results highlighted ongoing operational growth and the development of the bank’s presence in new markets such as Syria, Algeria, and Iraq, with a focus on enhancing financial performance stability, as evidenced by a capital adequacy ratio of 17.3%.
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