Arab Bank Group 2020 Annual Report with Sustainability Disclosures
The report highlights Arab Bank Group's financial and operational performance for the fiscal year 2020, navigating the challenges of the COVID-19 pandemic. The Group reported a net income after tax of US$195.3 million and maintained a strong capital adequacy ratio of 16.77%. In response to the pandemic, the bank donated US$25 million to support national health and social mitigation efforts in Jordan and other operating countries. On the environmental front, the bank reduced its energy consumption and successfully replaced 79% of its conventional electricity consumption with renewable energy.
Company: Arab Bank Group
Sector: Finance & insurance
Country: Jordan
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 310
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Arab Bank Group
Annual Report
The report highlights Arab Bank Group's financial and operational performance for the fiscal year 2020, navigating the challenges of the COVID-19 pandemic. The Group reported a net income after tax of US$195.3 million and maintained a strong capital adequacy ratio of 16.77%. In response to the pandemic, the bank donated US$25 million to support national health and social mitigation efforts in Jordan and other operating countries. On the environmental front, the bank reduced its energy consumption and successfully replaced 79% of its conventional electricity consumption with renewable energy.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Employees