Arabian African Bank
The Arab African International Bank was established in 1964, as an Egyptian joint stock company equally between the state represented by the Central Bank of Egypt and the Investment Authority of the Kuwaiti government.
The bank has an external presence in two countries, as it has two branches in the UAE and one in Lebanon.
– The bank owns subsidiaries operating in the areas of non-banking services, including investment management, financial leasing, real estate financing, securities trading, and microfinance.
The bank achieved a net profit of $153 million in the third quarter of 2022, a growth rate of 33% compared to the same period last year.