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Arab Bank is a Jordanian bank that is one of the largest financial institutions in the Middle East. It is headquartered today in Amman, Jordan, and operates as a universal bank that serves clients in more than 600 branches spanning five continents. Arab Bank is a publicly held shareholding company listed on the Amman Stock Exchange.
In December 2010, the Central Bank of Libya acquired the 17.72% shareholding of Abu Dhabi Investment Authority in ABC, increasing its stake to 59.37%. In June 2015 Arab Banking Corporation revamped its corporate identity and changed its brand name to Bank ABC. The bank's new identity launch coincides with the commemoration of its 35th anniversary.
Beidas established his Intra (International traders) Bank in 1951, together with three partners, Mounir Abou Fadel, Emile Mousallam and Mounir Haddad, [7] with a capital of 12,000.LL Lebanese pounds, according to one source, or £100,000 sterling based on borrowings from his old clients at the Arab Bank. [8]
The Arab Bank continued to grow, becoming one of the leading financial institutions in the region. His philanthropic foundation remains active, supporting numerous projects and initiatives aimed at advancing knowledge and development in the Arab world.
The Bank was created for the purpose of strengthening economic, financial and technical cooperation between the Arab and African regions and for the embodiment of Arab-African solidarity. The Bank is an international financial institution enjoying full international legal status and complete autonomy in administrative and financial matters.
The Arab Banking Data Bank was formed with the objective of being the main source for general information on Arab financial and banking institutions, and as well joint Arab-foreign institutions. The Data Bank is actively preparing reports and studies about all recent trends in all Arab banks, individual Arab banking sectors, and the Arab ...
The Arab National Bank (anb; Arabic: البنك العربي الوطني) is a major bank based in Riyadh, Saudi Arabia and listed on the Saudi Stock Exchange. [2] It is among the top ten largest banks in the Middle East and has received an 'A' rank from Standard and Poor's. It has 156 branches in Saudi Arabia. [3]
Oman Arab Bank was established in 1984. In 2014, the bank launched its digital transformation strategy, enhancing its banking channels and services by employing the state-of-the-art technologies, promoting a culture of innovation and talent management, as well as providing added-value services through strategic partnerships. [ 4 ]