Arab Bank Egypt
Agency in Heliopolis | |
Native name | البنك العربي (مصر) |
|---|---|
| Type | Subsidiary |
| Industry | Financial services |
| Founded | 1944 |
| Headquarters | , |
Number of locations | 42 (2025)[1] |
Area served | Egypt |
Key people | Ahmed Ismail Hassan (Country Manager) |
Number of employees | 1372 (2025)[1] |
| Parent | Arab Bank |
| Website | www |
The Arab Bank (Egypt), (arabic: البنك العربي (مصر)) is a medium-sized Egyptian bank, subsidiary of the Jordanian group Arab Bank.
History
Arab Bank, founded in Jerusalem in 1930, began its regional expansion into Egypt in 1944, when the first branch was established in Cairo.[2] An Alexandria branch opened in 1948.[3] In 1961, the Bank was nationalized by the government of Gamal Abdel Nasser.[4]
In 1977, Following the economic liberalization (Infitah) Arab Bank was among the first regional institutions to return to the Egyptian market. Focusing heavily in Corporative banking.[5] During the 2000s, the Bank started its retail banking business.[6]
See also
References
- ^ a b "Arab Bank Annual Report 2025" (PDF).
- ^ Egypt, Daily News (2017-03-26). "Arab Bank increase number of branches in Egypt to 41". Daily News Egypt.
- ^ "The story of the Arab Bank in Syria: From Jerusalem to Damascus and Aleppo". Raseef22. 2024-01-10.
- ^ Roy, Sudip (2009-01-06). "Arab Bank: It's all about liquidity". Euromoney.
- ^ "Our History". Arab Bank.
- ^ Mounir, Hossam (2016-11-13). "15 Arab banks, 7 joint Egyptian-Arab banks operating in Egyptian market". Daily News Egypt.