Dear Friends and supporters of Arab Bank Australia,

As we commence 2010 in our continuing journey to build the best bank in Australia for the products and services we deliver, we look forward with a great degree of optimism in meeting our goals and objectives with your continued good service and support. We derive further strength and comfort from our  strong and supportive shareholder in Arab Bank plc and our wise and responsive board of directors led by our esteemed Chairman H.E. Mr Samir Kawar.

We have a team of Senior Managers working together as one in treating the Bank as their own business and we have staff that are the envy of other financial institutions in the way they care for and protect the Arab Bank Australia brand and our customers by living our culture and values in everything that we do.

Thank you for your wonderful support and effort in seeing us through the Global Economic Crises and in contributing to help me position the Bank for what I am sure will be the best year in our history as we commence our 15th year of operation in this great country Australia.

Our business in progress is impressive and gives us further confidence in meeting the 2010 financial goals and objectives. Our governance and risk management systems are operating effectively.

With your support, we will together make a significant contribution to the well being of our customers, the communities that we serve and each other.

Have a great 2010.

With my very best wishes.

James Wakim