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$749 million in Arab Bank Group profits in 3 months

$749 million in Arab Bank Group profits in 3 months

The group’s assets increased to reach $70.5 billion as of the end of the third quarter of 2024, a growth rate of 6 percent compared to the third quarter of the previous year.

While the total credit facilities portfolio amounted to $38.3 billion as of the end of the third quarter of 2024, compared to $36.3 billion in the third quarter of the previous year.

As I have reached Customer deposits $51.9 billion at the end of the third quarter of 2024, compared to $49 billion in the third quarter of the previous year. Excluding the impact of the change in the exchange rates of several currencies against the US dollar, the facilities portfolio and customer deposits increased by 8 percent and 7 percent, respectively.



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