$535 Million in Profits for the Arab Bank Group During the First Half of This Year

SadaNews Economy - The Arab Bank Group achieved positive results during the first half of 2025, with net profits after tax amounting to $535.3 million compared to $502.8 million as of June 30, 2024, reflecting a growth rate of 6%. The group also maintained a strong financial position with equity amounting to $12.5 billion.

The group's assets increased to $75.2 billion, with a growth rate of 9% compared to the same period last year, while net facilities portfolio rose by 6%, bringing the total facilities portfolio to $39.8 billion compared to $38.1 billion in the first half of the previous year. Customer deposits also increased by 9% to reach $55.3 billion compared to $50.5 billion in the first half of the previous year.

Commenting on these results, Mr. Sabih Masri – Chairman of the Arab Bank stated that the positive results achieved by Arab Bank during the first half of 2025 reflect the efficiency and resilience of the bank's policies which contributed to developing its operations amid the challenges faced in the region due to economic conditions and geopolitical developments. Masri emphasized the bank's effectiveness in risk management within a framework supported by a strong capital base, high asset quality, and comfortable liquidity, contributing to generating good and sustainable returns for its shareholders. He also noted that the bank is proceeding with its integrated corporate strategy and future vision in a way that meets the aspirations and expectations of its shareholders and clients.

Masri mentioned the completion of the merger between "Gonieh Bank" – owned by Arab Bank Switzerland – and Swiss Bank "ONE", as part of the bank's strategy to enhance wealth management and private banking services, thus raising the managed assets for customers at Arab Bank Switzerland to 18 billion Swiss Francs.

For her part, Ms. Randa Al-Sadiq – the CEO of Arab Bank affirmed the bank's continued efforts to enhance asset growth supported by comfortable liquidity ratios, increasing its ability to cope with challenges facing the global economic environment and achieving sustainable growth. The bank's results showed a 5% growth in total income through increased business activities, efficient deployment, and diverse banking services.

Regarding asset quality indicators, Al-Sadiq confirmed the group's continued prudent approach to maintain the quality of the credit portfolio and the stability of non-performing loan ratios while enhancing its coverage ratio with provisions exceeding 100% without considering the value of guarantees.

Additionally, Al-Sadiq pointed to the bank's continued retention of good liquidity levels, with a loan-to-deposit ratio of 72%, and the group maintained a capital adequacy ratio in accordance with Basel III instructions of 17.1%, which is higher than the minimum required by the Central Bank of Jordan.

It is worth noting that Global Finance magazine, based in New York, recently awarded Arab Bank the title of "Best Bank in the Middle East for 2025" in recognition of the bank's leading position in the regional banking arena.