36. Arab Bank

Country: Jordan
Sector: Banks & Financial Services
CEO: Randa Sadik
Market Value: $3.9 billion
Sales: $4.8 billion
Profits: $830 million
Assets: $68.3 billion

Arab Bank was established in 1930 in Palestine and moved its headquarters to Amman in 1948. The bank had 68 branches in Jordan and 126 branches abroad as of March 2024. The group’s network spans 29 countries, with 11 key subsidiaries, two affiliates, and one sister company (Arab Bank - Switzerland Ltd). In October 2023, the bank issued $250 million in Additional Tier 1 (AT1) Capital Securities, the first sustainable perpetual AT1 issue in Jordan.