Arab Bank Group 2016 Annual Report with Sustainability Disclosures
The report highlights Arab Bank Group's solid financial performance in 2016, with net profit after tax reaching USD 533 million, representing a 20% growth compared to 2015. The Group maintained strong liquidity and robust capitalization, with a capital adequacy ratio of 15.7% under Basel III regulations. In addition to its financial achievements, the Bank advanced its sustainability strategy by establishing a dedicated sustainability department and focusing on responsible financing, employee empowerment, and community cooperation. Through its 'Together' Corporate Social Responsibility program, the Bank supported various community initiatives in health, poverty alleviation, environmental protection, and education, while its employee volunteerism increased by 18%.
Company: Arab Bank Group
Sector: Finance & insurance
Country: Jordan
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 348
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Arab Bank Group
Annual Report
The report highlights Arab Bank Group's solid financial performance in 2016, with net profit after tax reaching USD 533 million, representing a 20% growth compared to 2015. The Group maintained strong liquidity and robust capitalization, with a capital adequacy ratio of 15.7% under Basel III regulations. In addition to its financial achievements, the Bank advanced its sustainability strategy by establishing a dedicated sustainability department and focusing on responsible financing, employee empowerment, and community cooperation. Through its 'Together' Corporate Social Responsibility program, the Bank supported various community initiatives in health, poverty alleviation, environmental protection, and education, while its employee volunteerism increased by 18%.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees