By : JD
Jordan Daily – Arab Bank Group reported a 7% increase in first-quarter net profit, reaching $271 million compared to $252.8 million a year earlier, the bank said in a statement on Sunday.
The group’s total assets rose 6% year-on-year to $72.7 billion, while customer deposits grew 7% to $53.2 billion. The bank’s loan portfolio expanded 5% to $39.1 billion, up from $37.1 billion in the same period last year.
Arab Bank maintained a strong liquidity position, with a loan-to-deposit ratio of 74%, and a capital adequacy ratio of 17.2% under Basel III standards, exceeding the minimum requirements set by the Central Bank of Jordan.
Chairman Sabih Masri said the continued positive performance in the first quarter of 2025, despite global economic and geopolitical uncertainties, highlights the bank’s ability to adapt through its diversified business model and strong presence across key markets, particularly in the Gulf region.
Chief Executive Officer Randa Sadik added that the results reflect ongoing growth in the bank’s core operations, supported by sustainable business expansion and diversified banking services, which helped drive a 4% increase in total income.
