Arab Bank Group, together with its subsidiaries, provides various banking products and services for individuals, corporations, and other financial institutions. The company provides corporate and institutional banking services, including lending, project and structured financing, cash and liquidity management, account and payroll, cheque, corporate credit cards, collection and reconciliation services, trade finance products and services, customized payments, and e-channel solutions; letters of credit and guarantee; bill discounting services; import/export letters of credit; inward/outward letter of guarantees and collections; and transactions management and reporting services. It offers consumer banking services, such as internet, mobile, SMS, phone, ATM, and ITM banking; bancassurance and card services; and housing, personal, and auto loans. In addition, the company offers wealth management and Swift services. Further, it provides investment and risk management products consisting of spot foreign exchange (FX), forward FX, deposits in local and foreign currencies, FX swaps, securities, options, interest rate swaps, and structured products. Arab Bank Group was incorporated in 1930 and is headquartered in Amman, Jordan.
Jordanian Market Performance
7D7 Days: -1.2%
3M3 Months: 23.2%
1Y1 Year: 35.4%
YTDYear to Date: 24.3%
Over the last 7 days, the market has dropped 1.2%, driven by a loss of 2.5% in the Materials sector. As for the longer term, the market has actually risen by 35% in the last year. As for the next few years, earnings are expected to grow by 7.8% per annum. Market details ›
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