Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Arab Bank history
Arab Bank company history timeline
Abdul Majeed Shoman became Chairman and General Manager of Arab Bank in 1974 and aimed to expand the Bank’s activities and open new branches world wide.
An oil pipeline between Khartoum and Port Sudan was completed in 1977.
Oman Arab Bank was established in 1984, following the acquisition of all Arab Bank branches in the Sultanate.
By the 1990’s, Arab Bank added investment banking to its established services.
Abdul Majeed Shoman passed away on July 5th, 2005.
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.
In August of 2012, Arab Bank’s Board of Directors elected Sabih Masri as Chairman of the Board upon Abdel Hamid Shoman’s resignation.
How has Arab Bank plc performed financially from the 2013?
As of December 2021 the Group’s total assets stood at RO 3.4 billion (USD 8.92 billion) and net worth of RO 524 million (USD 1.36 billion).
Rate Arab Bank's efforts to communicate its history to employees.
Arab Bank jobs
Do you work at Arab Bank?
Does Arab Bank communicate its history to new hires?
Arab Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Westpac | 1817 | $15.0B | 33,288 | - |
| Bank of Tennessee | 1974 | $1.9M | 50 | 4 |
| Banco Santander | 1857 | $47.4B | 191,189 | 144 |
| Planters Development Bank | 1961 | $69.0M | 3,000 | - |
| Banco Sabadell | 1974 | $650.0M | 3,000 | 1 |
| Financial Center | 1953 | $3.2M | 100 | - |
| Wilmington Trust | 1985 | $1.1B | 2,672 | 40 |
| ADIB - Abu Dhabi Islamic Bank | 1997 | - | 2,090 | 7 |
| First United Bank | 1900 | $296.0M | 1,707 | 50 |
| Diamond Bank | 1990 | $175.0M | 3,299 | 1 |
Arab Bank history FAQs
Zippia gives an in-depth look into the details of Arab Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Arab Bank. The employee data is based on information from people who have self-reported their past or current employments at Arab Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Arab Bank. The data presented on this page does not represent the view of Arab Bank and its employees or that of Zippia.
Arab Bank may also be known as or be related to Arab Bank, Arab Bank (Switzerland) Ltd and Arab Bank (switzerland) Ltd.