last trade: 5.67 JOD (20 September 2017) -0.01
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Jordan-based Arab Bank planned to move ahead with an appeal of the verdict.Reuters News - 25-May-2016
30 January 2016 Dubai, UAE - Arab Bank reported net operating income at the end of 2015 of USD 1.1 billion and net income after tax and provisions of USD 442 million compared to USD 557 million in 2014 after having taken legal provisions of USD 349 million. This follows a settlement agreement which was entered into without any admission of wrongdoing and upon terms satisfactory to the Bank with rePress Release - 30-Jan-2016
According to a statement released by the bank Saturday, shareholders' equity reached US$8.2 billion at the end of September 2015 due to the growth in bank's profits.Amwal Alghad - 24-Oct-2015
Arab Bank Plc described as "inaccurate" a report that it would pay "slightly more" than USD 1 billion to settle litigation brought by hundreds of Americans who accused it of facilitating militant attacks in Israel.Reuters News - 21-Aug-2015
According to Reuters, the settlement was confirmed on Friday by Michael Elsner, a lawyer for the plaintiffs, and a spokesman for Arab Bank. The terms were not disclosed.Jordan Times - 16-Aug-2015