Arab Bank Group Financial Overview
Arab Bank Group Consolidated Statement of Income - Income Statement
USD '000
Interest income
Less: interest expense
Net interest income
Net commissions income
Net interest and commissions income
2022
2,583,484
998,680
1,584,804
2023
3,659,678
1,622,468
2,037,210
374,369
425,113
1,959,173
Revenue
Foreign exchange differences
106,345
Gains from financial assets at fair value through profit or loss
1,182
2,462,323
120,628
4,613
Dividends on financial assets at fair value through other comprehensive income
8,251
8,657
Group's share of profits of associates
384,494
509,969
Expenses
Other revenue
Total Income
Employees' expenses
Other expenses
Depreciation and amortization
Provision for impairment - ECL
66,665
44,080
2,526,110
3,150,270
663,569
717,674
415,310
482,316
84,751
95,784
473,006
592,282
Other provisions
Impairment of Investment held for sale
Total Expenses
25,701
12,425
45,073
1,674,762
1,933,129
Profit for the year \ Period before Income Tax
851,348
Less: Income tax expense
307,046
1,217,141
387,505
Profit for the year \ period
544,302
829,636
Profit
Attributable to :
Bank's shareholders
520,276
800,695
Non-controlling interests
24,026
28,941
Total
544,302
829,636
Earnings per share attributable to Bank's Shareholders
Basic and Diluted (US Dollars)
0.79
1.23
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