30 May, 2010

Global Finance, the international financial publication, has awarded Arab Bank with Best Investment Bank in Jordan for the year 2010. Arab Bank received the award for its performance in several categories including market share, number and size of deals, structuring capabilities and distribution network.

Arab Bank’s service and advice, its efforts to address market conditions, continuous innovation in addition to competitive pricing and after-market performance of underwritings have also helped secure this title. This was also bolstered by the fact that Arab Bank has a strong reputation in the market making it the most successful investment bank in Jordan.

Global Finance editors used input from industry analysts, corporate executives and banking consultants to select the best investment bank in Jordan. “The last 12 months were decidedly mixed for investment bankers,” said Global Finance publisher Joseph D. Giarraputo. “But many institutions continue to provide the best possible services to their customers, and we salute them.”

Mr. Abdel Hamid Shoman, Executive Chairman of Arab Bank commented, “Arab Bank was founded on the principles of promoting economic growth of not only Jordan, but the Arab world through and this is done through facilitating investment in various sectors. We pride ourselves on being innovative to best meet the needs of our customers and being dynamic to best address the prevailing market conditions. “