THE MIDDLE EAST'S

TOP 30 BANKS 2022

17. Arab Bank

Country : Jordan
CEO: Randa Sadik
Market value: $4.5 billion
Revenues: $3 billion
Profits : $315 million
Assets: $63.8 billion

The Arab Bank was established in 1930 in Palestine. Its headquarters were moved to Amman in 1948. It has more than 600 branches around the world and a subsidiary Islamic bank in Sudan. The bank reported net profits of $315 million in 2021, an increase of 61% compared to 2020.