Arab Bank Group reports net profits of $533 million for 2017 30% cash dividends

Arab Bank Group reports net profits of $533 million for 2017 30% cash dividends
January 29, 2018
Business

Arab Bank Group reports net profits of $533 million for 2017 30% cash dividends

Arab Bank Group closed 2017 with solid results, reporting a growth in net operating income of 8% as compared to prior year. Excluding the effect of foreign currency devaluations, net operating income achieved double digit growth of 12%. Net income after tax is at $533 million as compared to $532.7 million in 2016, whilst loans...

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