Jordinvest | Arab Bank News

Arab Bank News

Arab Bank was under litigation in New York, USA. In 2014, a jury verdict found Arab Bank guilty, but now the second U.S. Circuit Court of Appeals has overturn this decision in favour of Arab Bank. This decision reflects Arab Bank's healthy compliance and safety procedures in its operations.

Because Arab Bank has set aside a substantial provision for this case, and now that the case has finished, we believe the stock price will increase.


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