Best bank
Arab Bank Group
Arab Bank Group remains well ahead of its competitors and retains its position as the best bank in Jordan. It is the largest bank in the country by assets and an active regional player, and its commercial and retail banking businesses are the premier franchises of their kind in Jordan.
Despite a tough economic environment in Jordan and in the Palestinian National Authority territories, the bank?s assets grew to $24.5 billion in 2003 from $22.8 billion in 2002 while profits fell by less than $3 million. Arab Bank?s Baa1 credit rating from Moody?s also rose from stable to positive.