Arab Bank
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LATEST ARTICLES
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Arab Bank has long been at the forefront of innovation in lending to small and medium-sized enterprises. Its regional reach gives it the kind of presence few can match. At the time of writing, the Jordanian bank oversees a network of 600-plus branches on five continents and boasts offices in Jordan, Lebanon, the UAE, Qatar, Saudi Arabia and Egypt.
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This year’s best bank in the Middle East has come a long way to reclaim the title it last won a decade ago. In 2009, we praised Arab Bank for its unmatched ability to survive a crisis, having coped with, and even grown during, the financial crisis that overcame the world’s markets the year before.
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A lack of funding for small and medium-sized enterprises (SMEs) remains one of the most pressing challenges facing Middle Eastern economies today.
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Dispute with CEO; Cites cost-cutting, centralization
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Jordanian firm picks former BankMed head; Shoman remains as chairman
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Jordan’s Arab Bank is one of the most influential financial institutions in the Middle East. It has thrived for nearly 80 years, largely because of a strict risk management policy. Sudip Roy reports from Amman on how the bank is managing the financial crisis.