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Fitch affirms Arab Bank at 'A-';Reflection of Consistent Profitability and Financial Strength

2010-05-25

Fitch Ratings has recently affirmed Arab Bank"s rating of "A-"with a Stable Outlook. The affirmation of Arab Bank"s reflects its leading position in the Middle East, extensive global presence, consistent profitability, sound asset quality and strong capital base. The ratings further reflect the bank"s stable customer balance sheet management, with a strong focus on liquidity. Mr. Abdel Hamid Shoman, Executive Chairman of Arab Bank stated that affirmation of the rating reflects the confidence of the various parties dealing with Arab Bank and confirms the Bank"s

strong position in the Arab and international markets. It is also noteworthy that Arab Bank has also been recently reaffirmed by Standard and Poor"s with a rating of (A-) and by Moody"s with a rating of (A3).


 

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Medium liquidity in the quarterly disclosures and dividends distribution seasons

2017-04-20
PEC approves distributing 10% cash dividends for the year 2016

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TNB records net income of $2.77 million in Q1 2017

2017-04-18
BPC approves distributing 20% cash dividends for the year 2016

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2017-04-13
Al-Quds Index declines amid anticipation elements’ overlapping

2017-04-13
TRUST approves distributing 15% cash dividends for the year 2016

2017-04-12
JPH proposes 10% cash dividends for the year 2016

2017-04-11
APC records net income of JD0.33 million in Q1 2017

2017-04-11
PIBC proposes 2.35% stocks dividends for the year 2016

2017-04-11
NSC recommends 10% cash dividends for the year 2016

2017-04-11
GUI approves distributing 10% cash dividends for the year 2016

2017-04-10
3G services in 6 months in the West Bank

2017-04-10
BOP approves distributing 2.56% stocks dividends and 10.44% cash dividends for the year 2016

2017-04-10
QUDS proposes distributing 12% stocks dividends for the year 2016

2017-04-06
Dividends approval momentum and a final agreement to run 3G frequencies in the Palestinian markets

2017-04-06
PALTEL approves distributing 40% cash dividends for the year 2016

2017-04-04
PADICO proposes distributing 5% cash dividends for the year 2016

2017-04-03
AIB approves raising its capital to $75 million and distributing 12% cash dividends for the year 2016

2017-04-02
NIC approves 20% cash dividends for the year 2016.

2017-04-02
ISBK approves raising its capital to $69 million and distributing 8.50% cash dividends for the year 2016.

 

 

 
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