The Banker Magazine, owned by the Financial Times and based in London, named Jordan’s Arab Bank as “Bank of the Year in the Middle East” for 2023. The announcement came during The Banker’s “Bank of The Year Awards 2023” ceremony held recently in London and attended by several senior representatives from leading banks from all over the world.
The Banker’s judging panel’s decision to honor Arab Bank with this highly coveted regional award was based on criteria assessing a number of different indicators, including the bank’s financials, strategy and performance, in addition to other specific indicators, a process that takes more than five months to conduct.
The Banker Magazine, for more than 90 years, has been the world’s longest-running international banking title and the leading monthly journal of record for the global banking industry.
Randa Sadik, Arab Bank’s CEO, said: “Such global recognition is a testament to the leading position Arab Bank enjoys both locally and regionally. It reflects the bank’s consistent ability to deliver solid performance despite the challenging circumstances across the region and the world.”
