About Us

Arab Bank Today

Abdul Majeed Shoman passed away on July 5th, 2005. His son was elected Chairman upon his father’s death.

In 2005, the Arab Bank reopened operations in Syria, and performed necessary preliminary arrangements to commence its activities in Iraq, circumstances permitting.

In 2006, Arab Bank was granted the green-light to establish Europe Arab Bank (EAB), a London-based, fully-owned subsidiary, acquired 50% of MNG Bank in Turkey, and 50% of Al Nisr Al Arabi Insurance company in Jordan, thus introducing Bancassurance to its product variety.

Today, the Arab Bank Group has the largest Arab banking branch network world-wide, with over 500 branches in 30 countries, spanning 5 continents.