Arab Bank

Arab Bank

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ATM Locations:
Electronic Services:
WhatsApp: 96279160 0900
Branches:
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Arab Bank Today

In August of 2012, Arab Bank’s Board of Directors elected Sabih Masri as Chairman of the Board upon Abdel Hamid Shoman’s resignation.

To reinforce its global presence, Arab Bank attained the approval from the China Banking and Insurance Regulatory Commission (CBIRC), in 2018 to upgrade its representative office in Shanghai into a fully operational branch, aiming to reinforce the increasing trade financing between China and the Arab world. Arab Bank opened its first representative office in Beijing back in 1985, becoming one of the first Arab banking institutions to establish a presence in China. This was followed by the opening of its second office in Shanghai in 1996. In 2019, the bank officially opened its new branch in Shanghai, continuing to expand its reach in international markets.

In 2020, Oman Arab Bank completed the acquisition of Alizz Islamic Bank (AIB), merging its Islamic banking window with AIB. As of the 6th of July, 2020, Oman Arab Bank became a publicly listed company, with its shares listed on the Muscat Stock Exchange (MSX). This marked the beginning of a new phase of Arab Bank’s success story.

In 2021, Arab Bank established ACABES for Financial Technology as the Arab Bank Group’s technological arm in the FinTech sector. ACABES provides services for designing, developing, and managing digital solutions for the Arab Bank Group and other entities, in addition to providing FinTech services to the Group's clients. ACABES currently operates through its headquarters in Jordan, a branch in Saudi Arabia, and two subsidiaries in Tunisia and Egypt, with expansion plans into other markets.

In line with its digital transformation strategy and offering an innovative banking experience to customers, Arab Bank launched its digital banking App (Reflect) in 2021. This platform seamlessly services wider segments of society, aiming to contribute to financial inclusion. It comes in line with the bank’s ongoing efforts to offer innovative and digital solutions, and in line with the latest advancements in the fields of digital banking, communications, and technology. Reflect offers an innovative and personalized banking platform designed specifically to provide an integrated and simple banking experience using smartphones. Arab Bank also launched (Reflect) in Palestine in 2023, in collaboration with the Palestinian Telecommunications Group “Paltel”.

Towards the end of 2023, Arab Bank announced the successful issuance of USD 250 million in Additional Tier 1 (AT1) Capital Securities. The milestone marks the first sustainable perpetual AT1 issue in Jordan. The bond, which was issued through a private placement, is listed on the International Securities Market (ISM) and the Sustainable Bond Market of the London Stock Exchange. The bond, which offers investors an interest rate of 8%, attracted a diverse group of investors, including large institutional and individual investors from Jordan and several other countries where Arab Bank operates.

Contact Information
Phone: 96265600000
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Opening hours:
Sun. 08:30 AM - 03:00 PM
Mon. 08:30 AM - 03:00 PM
Tue. 08:30 AM - 03:00 PM
Wed. 08:30 AM - 03:00 PM
Thu. 08:30 AM - 03:00 PM
Fri. Closed
Sat. Closed
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