Sunday, 22 November 2009 | 18:15 UAE time
COMPANIES
Arab Bank - Jordan
- 12.56 Last
- -0.09 (-0.71%) Today's Change
- 14,985 Volume
- 11.17-16.45 52 Week Range
- -1.06 (-7.78%) 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 | ||
|---|---|---|---|
| Social Security Investment Unit | companies | 14.87 | Jordan |
| Saudi Oger | companies | 8.99 | Saudi Arabia |
PORTFOLIO
| Name | Country |
|---|---|
| Arab National Bank - Saudi Arabia | Saudi Arabia |
| Al Faris National Company for Investment and Export | Jordan |
| Al Nisr Al Arabi Insurance Company | Jordan |
| Jordan Worsted Mills Company | Jordan |
| Palestine Telecommunications Company | Palestine |
| Al Arabi Investment Group Company | Jordan |
| Arab Bank - Switzerland | Switzerland |
| Arab Bank - Austria | Austria |
| Arab Bank - Lebanon | Lebanon |
| Arab Bank - Sudan | Sudan |
| Arab Bank - Germany | Germany |
| Arab Bank Australia | Australia |
| Arab Bank Maroc | Morocco |
| Arab National Leasing Holding | Jordan |
| Europe Arab Bank - London | UK |
| Islamic International Arab Bank | Jordan |
| Al Arabi Capital | UAE |
| Arab Investment Bank - Lebanon | Lebanon |
| Arab Tunisian Bank | Tunisia |
| Arab Bank Capital | UAE |
| Arab Palestinian Investment Bank | Palestine |
| Turkland Bank | Turkey |
| Arab Bank - Syria | Syria |
| Oman Arab Bank | Oman |
| Arabia Insurance Company | Lebanon |
| Commercial Building Company | Lebanon |
| Jordan Medical Corporation | Jordan |
| Wahda Bank | Libya |
| Al Daman for Investments | Jordan |
| Jordan Mortgage Refinance Company | Jordan |
| Jordan Press Foundation | Jordan |
| National Steel Industries Company | Jordan |
| Jordan National Shipping Lines Company | Jordan |
| Visa Jordan Card Services | Jordan |
| Palestine Electric Company | Palestine |
| Saraya Aqaba | Jordan |
| Saraya Development Group | UAE |
| Masafat for Specialised Transport | Jordan |
| Palestine Real Estate Investment Company | Palestine |
| United Integrated for Multiple Industries and Investments | Jordan |
| Jordan Dubai Capital | Jordan |
| Jordan Loan Guarantee Corporation | Jordan |
| Jordan Magnesia Company | Jordan |
| The Investors and Eastern Arab for Industrial and Real Estate Investments | Jordan |
| Oger Telecom | UAE |
| Palestine Industrial Investment Company | Palestine |
| Jordan Dubai Islamic Bank | Jordan |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Abdulhamid Abdulmajid Shoman | Chairman |
| Sabih Taher Darwish Al Masri | Deputy Chairman |
| Saleh Saad A. Al Muhanna | Board Member |
| Nazik Odah Al Hariri | Board Member |
| Samir Farhan Kawar | Board Member |
| Riad Burhan Taher Kamal | Board Member |
| Mohammed Ahmad Al Hariri | Board Member |
| Ibrahim Youssouf Ibrahim Izziddin | Board Member |
| Tayseer Radwan Saleem Al Smadi | Board Member |
| Wahbeh Abdullah Tamari | Board Member |
| Mohammed Thabet Abdulraouf S. Taher | Board Member |
| Ghaith Mismar | Board Member |
| MANAGEMENT | Position |
| Salim Sheikh | Chief Credit Officer |
| Abdulhamid Abdulmajid Shoman | Chief Executive Officer |
| Farouk El Kharouf | Group Chief Financial Officer and Head of Strategic Investments |
| Majaz Khan | Chief Operating Officer |
| Dina Shoman | Head of Office of the CEO |
| Marwan Riyal | Head of Human Resources |
| Ghassan H. Tarazi | Head of Internal Audit |
| Michael Matossian | Head of Regulatory Compliance |
| Georges El Hage | Head of Risk Management |
| Mohamed Ghanameh | Head of Corporate and 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 |
| ADVISORS | Position |
| Ghaith Mismar | Legal Counsel |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
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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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