Arab Bank plc

In 2005 Arab Bank celebrated its 75 year anniversary. The re-invigoration of the banking operations in Europe and the MENA region, which led to the establishment of Europe Arab Bank, is testament to the continued evolution of the organisation and its determination to provide the best possible service and support to its clients around the world. When Abdul Hameed Shoman established the Arab Bank in Jerusalem in 1930, he wanted to build an institution that would serve the Arab world. More than 75 years later, the bank which began with just seven shareholders and a capital of 15,000 Palestinian pounds is an international institution with a balance sheet of USD 36.5 billion, shareholder's equity of USD 3.3 billion and a 2004 income of USD 340 million. Today, Arab Bank has a presence in every Arab country in which private sector banking services are permitted, a global network of more than 400 branches and offices in 30 countries and five continents - and is still growing. The growth of the Arab Bank has come against a background of both regional political turbulence and spectacular growth and development. It came into being just as the countries of the region were emerging as independent states and it has been there to offer its support as they set out to reshape themselves as modern industrial states. At all times its reliance on prudent management and integrity combined with its persistence and tenacity, have kept it strong and given it a unique reputation and identity within the Arab World and beyond. The world of Abdul Hameed Shoman no longer exists but his vision remains alive in the spirit of enterprise that marks today's Arab Bank.

Address: Bockenheimer Landstrasse 24, 60323 Frankfurt am Main, Germany

Phone: +49 69 242590
FAX: +49 69 235471