Arab Bank

Arab Bank
Native name	البنك العربي
Company type	Public
Traded as	Amman Stock Exchange
Industry	Banking
Founded	1930; 94 years ago
Headquarters	Amman, Jordan
Area served	30 countries
Key people	Sabih al-Masri (Chairman)
Products	Current and saving accounts, Personal loans, Overdraft facility, Home loans, Car loans, Credit cards, Term deposits, Funds transfer, Currency exchange, Investment opportunities, Commercial lending, Project and structured finance, Private banking, Asset management, Brokerage, Money markets, Foreign exchange, Capital markets, Commercial lending, Term financing, Project and structured finance, Corporate finance and capital markets
Net income	US$820.5 million (2018)
Total assets	US$ 49.2 billion (2018)
Total equity	US$ 8,7 billion (2018)
Number of employees	6754 (2018)
Subsidiaries	Arab Bank (Switzerland) Limited (sister institution),; Arab Bank Australia Limited,; Europe Arab Bank plc,; Islamic International Arab Bank plc,; Arab Sudanese Bank,; Arab Investment Bank S.A.L,; Arab Tunisian Bank,; Arab Bank – Syria,; Al Arabi Investment Group (AB Invest),; Arab National Leasing Company,; Al Nisr Al Arabi Insurance Company,; Al Arabi Investment Group Company;
Website	www.arabbank.com

The Arab Bank was founded by Abdel Hamid Shoman in Jerusalem, Palestine in 1930. It started with seven shareholders with a value of 15,000 Palestinian pounds, and after more than 70 years, the bank became a global institution, with assets amounting to 27.31 billion dollars in 2005. Net profits amounted to $618 million for the first nine months of 2016.