Board of Directors
The Board continuously protects and enhances shareholders’ long-term value by taking responsibility for the Bank's overall  corporate governance.

Arab Bank’s Board of Directors is composed of 11 members elected for a period of four years by the General Assembly; the next election will occur in 2010. Members possess a wide range of skills and expertise, enabling them to present valuable contributions. The Board meets at least six times a year and has set out an agenda for each meeting.

BOARD MEMBERS:

Abdel Hamid Shoman, Chairman;
Sabih Taher Masri, Deputy Chairman;
Saleh Ben Sa’ad Al-Muhanna, Representative of Ministry of Finance, Saudi Arabia;
Nazek Al Hariri, Member;
Samir Farhan Kawar, Member;
Riad Burhan Taher Kamal, Member;
Mohammed Ahmad Al-Hariri, Member;
Ibrahim Izzeddin, Representative of Social Security Corporation;
Sherif Fares Sharaf, Representative of Abdel Hamid Shoman Foundation;
Wahbeh Abdullah Tamari, Member;
“Mohammed Thabet” Taher, Member;
Ghaith Mismar, Secretary General/ General Legal Counsel
 
Profile
Arab Bank mission has been the road map for leading to the bank's significant role in developing Arab economies through financing strategic infrastructural projects across the Middle East /North Africa region (MENA).

With Headquarters based in Amman, Jordan, the Arab Bank constitutes the first private sector financial institution in the Arab World.

At end of June 2009, Arab Bank Group achieved a pre-tax and after provisions profit of US $452 million. Total assets reached almost US $48.4 billion, while shareholders' equity base is US $7.7 billion.

The Arab Bank has an unmatched Global Arab branch network with 500 branches spanning 30 countries in 5 continents. We enjoy prominent positions in key financial markets and centers such as London, New York, Dubai, Singapore, Zurich, Paris, Frankfurt, Sydney and Bahrain.

We offer a variety of products and services covering four major areas: Personal Banking, Corporate and Investment Banking (CIB), AB Private Banking and Treasury, which are catered to serve the needs of individuals, corporations, government agencies and other international financial institutions.
 
Products & Services
The Arab Bank continuously aims to fulfill our clients' evolving needs both personally and based on the market. We provide a wide variety of financial services in addition to a wide range of products to individuals, corporations, government agencies, and other international financial institutions.

Our products and services are divided into four main sections: Personal Banking, Corporate and Investment Banking (CIB), AB Private Banking and Treasury.
 
Personal Banking
Arab bank offers a variety of Personal Banking services to suit your needs, our products cover Current & Saving Accounts, Personal Loans, overdraft facility, Home Loans, Car Loans, Credit Cards, Term Deposits, Funds Transfer, Currency exchange and Investment opportunities.

Our Personal Banking products are supported by a network of Branches and state of the art Direct Banking Services. Whether you choose to Bank through a Branch, online using Internet Banking, over the Phone or using an ATM, you will find our services convenient and easy to use and available for you when and where you need it.
 
Loans & Credit Facilities
Whether you need a Housing Loan, Personal Loan or an Auto Loan, your dreams are just a heartbeat away, with competitive interest rates.

Don't wait too long, take a shortcut to achieve your goals.
 
Ways to Bank
Arabi Online
Arabi Online is an easy and secure Internet Banking Service. With Arabi Online, you can manage your account(s) and execute banking transactions anytime and from anywhere.

ATM
Round the clock access to your bank account(s) for Cash Withdrawal, Cash / Cheque Deposit and Instructions, Bills Payment, Funds Transfer, accounts inquires and much more.

Hala Arabi
With Hala Arabi, the convenient Phone Banking service from Arab Bank, you can access a range of services covering Account Information, Bills Payment, account to account transfers and much more.

SMS Banking
With SMS Banking, stay in touch with your accounts(s) even if you are abroad.

Contact Center
A team of Customer Service Representatives is available to assist you with any inquiry you may have on our products and services.
 
Cards
Credit Cards
Whether you are looking for low rates, or additional spending power, Arab Bank Credit Cards provide you with the best value for your everyday purchases. As a cardholder, you will benefit from a range of exclusive features and privileges designed to meet your various needs.

Visa Electron Card
Banking & Shopping at your fingertips.
Arab Bank Visa Electron Card provides you access to your accounts anytime and from anywhere.

Internet Shopping Card
Your Secure Passport To the World of Virtual Shopping.
You can now shop in the world's biggest virtual mall safely using Arab Bank Internet Shopping card. Accepted virtually anywhere with a Visa symbol.
 
Corporate & Investment Banking (CIB)
Corporate and Institutional Banking (CIB) is a core business segment at The Arab Bank. Since 1930, Arab Bank has striven to support, grow and cater to the needs of its customers throughout the MENA region, and has further extended these services to its clients world-wide. Our well entrenched network throughout the region has uniquely positioned us at the top as a leading market player. That, alongside the expertise drawn up by our highly qualified team of specialists, has consistently allowed us to provide our clients with a wide variety of financing options, ranging from the traditional commercial lending to the sophisticated structured facilities.

Arab Bank brings value to its corporate and institutional customers via the following products & services:

Commercial Lending
• Revolving Lines of Credit / Overdrafts
• Term Financing
• Commercial Line of Credit
• Pre-export Financing

Project and Structured Finance
• Long term / multi-currency financing of energy / commodities projects
• Project Advisory Services on Financing Structures
• Provide access to ECA backed facilities
• Aircraft financing
• Real Estate financing
• Telecom financing

Financial Institutions
• Arranging / participating in loan syndications
• Islamic structured financing
• Correspondent banking services
• Trade Finance which includes the following products and services:
3rd party LC confirmations
Letters of Guarantees / SBLCs
Funded and non-funded risk participations
Discounting of acceptances, avalised bills of collection and forfeiting

Global Transaction Banking
• Cash Management
• Corporate Credit Cards
• Trade services
• Account Services
• Payroll Services
• Factoring

Corporate Finance and Capital Markets
• Syndicated lending / debt underwriting
• Acquisition financing
• Capital Market Advisory Services
• Fixed Income
• Securitization

Relationship Management
We, at Arab Bank, have a well qualified and dedicated team, to cater to our corporate and institutional clients per business sector and by geography.
 
Investor Relations
Since its establishment in Jerusalem on May 21st, 1930 as Arab Bank Limited, the Arab Bank has continued to grow and improve. It began operations on July 14th of the same year. On January 31st, 1990, the name changed to Arab Bank plc in accordance with Section 318 of the Jordanian Companies Act # 1 of 1989.

Arab Bank was the first public shareholding company listed in the Amman Stock Exchange in 1978.

The Bank is constantly improving its disclosure levels and introducing higher levels of transparency through its financial statements, enabling both shareholders and customers to appreciate its ever-growing earning power, its low risk level, and its strong financial position.
 
Corporate Responsibility
In 1931, Arab Bank founder Abdul Hameed Shoman donated a 100 Palestinian Pounds to building a University in Jerusalem. Arab Bank has since been an active community partner, and a patron of charitable work. The Bank's leadership places strong emphasis on Best Practice approach towards issues related to economic and social aspects of its business, with relation to the communities of its operation areas, and stakeholders.

Arab Bank believes in the interdependence of business and community, it is also aware of the need to emphasize its stakeholders' needs world wide.

In August 2006, and during the royal visit by His Majesty King Abdullah II, Arab Bank donated 2 Million Jordanian Dinar (USD 2.8 Million), to support governmental poverty alleviation efforts in the Southern parts of the Kingdom.

The Bank has also been active in sponsoring educational and medical institutions, in addition to providing scholarships to students both in Jordan and the Palestinian territories. Universities, schools, hospitals, youth and cultural centers, orphanages, and various NGO's are among hundreds of beneficiaries in local communities with whom the Bank has partnered.

Arab Bank's reaction towards the human tragedy caused by Hurricane Katrina in the United States was rapid and determined, contributing with a symbolic amount of USD 100,000 to the American Red Cross Disaster Relief Fund.
 
Careers
Arab Bank's diversity is not only reflected through its geographic locations, but also by the staff it employs. The Bank owes much of its success to the thousands of highly qualified professionals world-wide, constituting the backbone of our solid name.

The Bank is an equal opportunity employer. It employs more than 6,800 employees worldwide from various backgrounds, and ethnic origins. Women constitute almost 40% of Arab Bank's community worldwide.

While we view diversity as our strength, we also place strong emphasis on the educational qualifications of our professionals. More than 60% percent of our staff holds a graduate and post graduate university degree, making our working environment a constant challenge for everyone and a source of comfort for our clients and partners.

We have always placed a high priority on staff training and we maintain training departments in all our countries of operation. Staff is offered the opportunity to upgrade both their professional and language skills and regularly attend both in-house training programs and courses offered by specialized institutions for banking and finance. Since 1985 we have been developing an integrated internal control mechanism with a clear line of accountability to ensure that our entire network meets the highest international standards of management.

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