A man speaks on his mobile as he passes in front of banks street in Downtown Beirut, Wednesday, Nov. 8, 2017. (The Daily Star/Mohammad Azakir)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Amman-based Arab Bank, one of the biggest lenders in the Middle East, announced Monday that its net profits in the first half of 2019 increased by 4 percent to $453 million compared to the same period of 2018 .Chief Executive Officer Nemeh Sabbagh said the underlying performance of the group continued on its growth path, with first-half results recording a healthy increase of 5 percent in net operating income.He added that the strong performance was driven by growth in core banking income, with net interest income increasing by 5 percent.
FOLLOW THIS ARTICLE