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Arab Bank plc

Overview:

Wherever in Europe, the Middle East and North Africa our clients are located or want to do business, Europe Arab Bank is available to help. Our deep knowledge and experience of the region, teamed with our dedication to providing the expertise, products and solutions that help our clients achieve their goals is what sets us apart.
As a wholly-owned subsidiary of Arab Bank plc, Europe Arab Bank offers clients a rich heritage combined with a focused, progressive offering structured to meet the needs of today's international clientele.
EAB is headquartered in London, incorporated in England and Wales, and regulated by the Financial Services Authority in the UK.

Vision:

We aim to be recognised as the pre-eminent bank for clients in Europe, the Middle East and North Africa. We will earn this recognition by providing the best possible products and solutions with service that clients can depend on.
Our business is founded on a rich international heritage and experience, which we proactively share to the benefit of our clients. We use our local knowledge, expertise and understanding of the economic, political, social and commercial issues in Europe and MENA to support
our clients wherever they live, work or want to do business. Our clients always come first; we are dedicated to working with them to achieve lasting success.

History:

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.

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