|Arab Bank plc|
Arab Bank was the first private banking institution in the Arab World. It has continued to operate and grow over the past 80 years to now have the largest Arab banking branch network in the world with over 500 branches across 30 countries spanning 5 continents.
It was the first Arab based bank to establish a presence in Switzerland with the opening of a sister institution in 1962. Today Arab Bank has operations in all the key worldwide financial centers including London, New York, Dubai, Zurich, Singapore, Geneva, Paris, Frankfurt, China, South Korea, Sydney and Hong Kong.
Globally the Bank offers a range of products and services covering such things as personal and retail banking, corporate and investment banking, private banking and wealth management, treasury operations as well as trade finance and bancassurance for individuals, corporations, government agencies and other financial institutions. Often Arab Bank is appointed as lead arranger and facilitator for national infrastructure projects and large scale corporate syndication lending.
Financial performance of the Arab Bank Group has been impressive over the years with the final 2008 before taxes and after provisions exceeded $ 1 billion figure to amount to ($ 1.06 billion) growing 10%, the value of assets within the Group was USD $45.6 Billion increasing 19%, whilst its shareholder reserves are USD $7.5 Billion.
Headquartered in Amman Jordan, Arab Bank has a diversified financial base with 70% of the Bank's assets, funding and revenues spread across 27 countries outside of Jordan. The Bank throughout its 79 year history and difficult worldwide economic and political times, has never defaulted on any claims to customers or partners. Throughout worldwide financial industries, Arab Bank is well known as a bank of quality and a highly liquid institution.
To the extent that any material on this page could be construed as advertising or promotional material for our products, a Product Disclosure Statement (PDS) is available on this website, and should be considered before making any decision on these products.