Monday, 01 December 2008 | 20:47 UAE time
COMPANIES
Arab Bank - Jordan
- +14.49 Last
- +0.69 (+5.00%) Today's Change
- 516,255 Volume
- 12.80-23.13 52 Week Range
- -5.10 (-26.03%) 52 Week Change
COMPANY DESCRIPTION
Established in the 1960's as a means to offer joint banking services for the Arab world holistically by a Palestinian entrepreneur in New York, Arab Bank has since grown into the largest Arab banking branch network worldwide with over 400 branches in 29 countries, spanning five continents.Headquartered in Amman, Jordan, Arab Bank has provided competitive products to its customers based on demand, and introduced two Sharia-complaint funds in early June from its Islamic banking division in tandem with the rising popularity of Islamic finance in the Middle East.
KEY INFORMATION
Industry
Asset Management, Commercial Banks, Commodity Brokers, Investment Banks, Investment Funds, Stock Brokers
Address
Shaker bin Zeid Street, Shmeisani Area, 950545, Amman, Jordan
T
962 6 5607115
F
962 6 5606830
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 31 May 1930 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| Saudi Oger Limited | Saudi Arabia |
| Social Security Investment Unit | Jordan |
PORTFOLIO
| Name | Country |
|---|---|
| Al Arabi Investment Group | Jordan |
| Al Daman for Investments | Jordan |
| Al Faris National Company for Investment & Export | Jordan |
| Al Nisr Al Arabi Insurance Company | Jordan |
| Arab Bank AG | Germany |
| Arab Bank Capital | UAE |
| Arab Bank Maroc | Morocco |
| Arab Bank | Australia |
| Arab Bank | Austria |
| Arab Bank | Lebanon |
| Arab Bank | Switzerland |
| Arab Bank | Syria |
| Arab Investment Bank | Lebanon |
| Arab National Bank | Saudi Arabia |
| Arab National Leasing Holding | Jordan |
| Arab Palestinian Investment Bank | Palestine |
| Arab Tunisian Bank | Tunisia |
| Arabia Insurance Company | Lebanon |
| Commercial Building Company | Lebanon |
| Europe Arab Bank | UK |
| Industrial Development Bank | Jordan |
| Islamic International Arab Bank | Jordan |
| Jordan Dubai Capital | Jordan |
| Jordan Loan Guarantee Corporation | Jordan |
| Jordan Magnesia Company | Jordan |
| Jordan Medical Corporation | Jordan |
| Jordan Mortgage Refinance Company | Jordan |
| Jordan National Shipping Lines | Jordan |
| Jordan Press Foundation | Jordan |
| Jordan Worsted Mills | Jordan |
| Masafat for Specialised Transport | Jordan |
| National Steel Industries Company | Jordan |
| Oger Telecom | UAE |
| Palestine Electric Company | Palestine |
| Palestine Industrial Investment Company | Palestine |
| Palestine Real Estate Investment Company | Palestine |
| Palestine Telecommunications Company | Palestine |
| Saraya Aqaba | Jordan |
| Saraya Development Group | UAE |
| The Investors and Eastern Arab for Industrial & Real Estate Investments | Jordan |
| Turkland Bank | Turkey |
| United Integrated for Multiple Industries & Investments | Jordan |
| Visa Jordan Card Services | Jordan |
| Wahda Bank | Libya |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Abdel Hamid Abdul Majeed Shoman | Chairman |
| Sabih Taher D. Masri | Deputy Chairman |
| HE Saleh Saad A. Al Muhanna | Board Member |
| Nazik Odah Al Hariri | Board Member |
| HE Samir Farhan Kawar | Board Member |
| Riad Burhan Taher Kamal | Board Member |
| Mohammed Ahmad Al Hariri | Board Member |
| HE Ibrahim Youssouf Ibrahim Izziddin | Board Member |
| HE Tayseer Radwan Saleem Al Smadi | Board Member |
| Wahbeh Abdullah Tamari | Board Member |
| HE Mohammed Thabet Abdulraouf S. Taher | Board Member |
| Ghaith Mismar | Board Member |
| MANAGEMENT | Position |
| Abdel Hamid Abdul Majeed Shoman | Chief Executive Officer |
| Michel Accad | Assistant Chief Executive Officer |
| Farouk El Kharouf | Group Chief Financial Officer & Head of Strategic Investments |
| Majaz Khan | Chief Operating Officer |
| Salim Sheikh | Chief Credit Officer |
| Dina Shoman | Head of Office of the CEO |
| Marwan Riyal | Head of Human Resources |
| Ghassan Tarazi | Head of Internal Audit |
| Michael Matossian | Head of Regulatory Compliance |
| Georges El Hage | Head of Risk Management |
| Mohamed Ghanameh | Head of Corporate & Investment Banking |
| Jawdat Al Halabi | Head of Private Banking |
| Amin Husseini | Head of Financial Institutions |
| Muntaser Dawwas | Head of Retail - International |
| Nabil Mushahwar | Head of Retail - Levant |
| Basil Abdel Nabi | Head of Information Technology |
| Shankar Chattanathan | Head of Operations |
| Tony Marcello | Global Treasurer |
| Ghaith Mismar | Legal Counsel |
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Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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