Arab Bank Group Company Description

Arab Bank Group, together with its subsidiaries, provides various banking products and services for individuals, corporations, and other financial institutions in Jordan.

The company offers current, call, and time deposit accounts; corporate lending, including revolving lines of credit and overdrafts, term financing, pre-import and export financing, bilateral and syndicated lending; project and structured finance term and multi-currency financing, housing, personal, and auto loans; project advisory services on financing structures, access to ECA backed facilities; and letters of credit confirmation, letters of guarantee and standby letters of credit, discounting of acceptances and avalised bills of collection, and risk participations.

It also provides state-of-the-art corporate digital banking services, including the corporate digital gateway and mobile app, swift services and reporting for financial data exchange; optimized liquidity management solutions, such as sweeps and real-time transfers, effective payments and receivables management, including cross-border and domestic transfers, bulk payments, and advanced collection solutions; cheque services, including remote deposit and post-dated cheque management, corporate, shopping, and credit cards; pre-presentation of documents; and payables and receivables finances.

In addition, the company offers internet, mobile, ATM and ITM, SMS, and phone banking services. Arab Bank Group was incorporated in 1930 and is headquartered in Amman, Jordan.