Regional honor bestowed on Arab Bank, named Bank of the Year

Arab Bank was honored as “Bank of the Year” during the Arabian Business Awards on November 20 at the Armani Hotel in Dubai. The Bank received the award based on its strong performance during the year, exceptional leadership and overall contribution to the region’s development. 

The awards ceremony gathered the Middle East’s economic, business and cultural leaders to highlight the people and institutions who have excelled in their respective fields during the year. The Arabian Business Awards are considered one of the most prestigious awards in the business calendar and recognize outstanding performances across all sectors of business. 

Commenting on this achievement, Mr. Abdel Hamid Shoman, Chairman of Arab Bank said: “This award affirms Arab Bank’s leading position as the MENA bank of choice. We are proud to be recognized as an institution that is committed to providing the best products and services, dedicated to the economic development of the region and a socially responsible corporate citizen.” 

Accepting the award on behalf of the Bank, Ms. Dina Shoman, Executive Vice President of Branding added: “This award reflects Arab Bank’s strong financial performance and exceptional reputation which is based on a solid track-record of accomplishments and its ability to operate successfully under different conditions.” 

Ms. Shoman concluded: “Being recognized on a regional level truly reflects Arab Bank’s breadth, not only in terms of network, but in respect of our commitment to act as an engine of growth in all of the countries where we operate.” 

It is also noteworthy to mention that Arab Bank received several awards in 2011, including Best Trade Finance Provider in the Middle East and Best Consumer Internet Bank and Best Foreign Exchange Provider in Jordan from Global Finance Magazine. The Bank also received Best Bank in Jordan from Euromoney.