Financial And Banking
Arab Bank Increases Profits
The net income of the Arab Bank group increased by 14.6% in 1985 to reach a total of $74.54mn, while assets increased by 11% to $11,804.4mn. The loan portfolio increased 22% to $2,580.58mn, with total shareholders' equity increasing by 21.7% to reach $576.22mn. The bulk of the group's activity continues to be concentrated in the Arab Bank Ltd of Amman and its branches, which accounted for 91% of the...