AMMAN — Global Finance, a New York-based international
publication, awarded Arab Bank the title of “Best Bank in the Middle East 2022”
for the seventh consecutive year, according to a press in a statement.
اضافة اعلان
“This global
recognition came as part of Global Finance’s 29th Annual Best Bank Awards and
was made by the editors of Global Finance after extensive consultations with
corporate financial executives, bankers and banking consultants, and analysts
throughout the world,” the statement said.
It said in
selecting top banks, Global Finance considered several factors, which included
growth in assets, profitability, geographic reach, strategic relationships, new
business development, and innovation in products.
The winning
criteria also included the banks that attended carefully to their customers’
needs in difficult markets and accomplished strong results while laying the
foundations for future success, according to the statement.
Arab Bank’s Chief
Executive Officer Randa Sadik, said the recognition “is yet another addition to
Arab Bank’s significant success record. It is a manifestation of the bank’s
ambitious strategic vision and distinctive ability to deal efficiently with the
most pressing regional and global challenges.”
Sadik explained
that “at Arab Bank, we are committed to deploying advanced and comprehensive
banking solutions that meet the evolving needs of our customers across various
sectors, while constantly enriching their banking experience.”
“This is realized
through the bank’s relentless focus on aligning its various services and value
propositions with the latest advancements in the financial industry locally,
regionally and globally,” she added.
Global Finance
Awards cover more than 150 countries and territories across Africa,
Asia-Pacific, the Caribbean, Central America, Central and Eastern Europe, Latin
America, the Middle East, North America, and Western Europe.
Arab Bank, headquartered in Amman, was established in 1930
and has one of the largest global Arab banking networks with more than 600
branches spanning five continents. Arab Bank’s extensive network covers key
financial markets and centers such as London, Singapore, Shanghai, Geneva,
Paris, Frankfurt, Sydney, Dubai, and Bahrain.
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