Arab Bank - United Arab Emirates

About Arab Bank - United Arab Emirates

In 2000 the Arab Bank celebrated its 70th anniversary. The bank which started operations in Jerusalem on 14 July 1930 is now a leading international institution with more than 378 branches world-wide, a consistent record of profitability and an unequalled reputation for prudence and reliability. Its growth has taken place against a background of continuing political change throughout the Middle East. The Arab Bank has been affected by almost all the crises and changes in the area while never allowing them to deter it from its chosen role in supporting the development of the economy of the Arab World. The first pillar of the Arab Bank's reputation has been the absolute security it offers its depositors. This developed during the early days of the Second World War when it declined to take advantage of a Mandate ordinance allowing banks in Palestine to limit withdrawals. From that time until the present, the Arab Bank has maintained the high liquidity levels that enable it to pay depositors in all circumstances. An equally strong commitment to prudent management has guaranteed the Arab Bank an unbroken record of profitability without hampering its dynamic expansion, both geographically and into new service areas as well as its enthusiastic adoption of the latest in technology for both management and customer services.