Arab International Bank

Arab International Bank provides banking and other financial services for the foreign trade and economic development primarily in member states, Arab countries, and internationally. It is involved in accepting time deposits or call deposits and opening accounts for organizations, institutions, banks, companies, individuals, and governments of the Arab countries and non-Arab countries; financing the foreign trade operations of the Arab countries by providing credit facilities for the importers, granting finance to exporters, and providing insurance or securing the facilities required for such operations; organizing the participation in the projects and investment programs related to the economic development primarily those of common nature among various Arab countries; and providing long and medium term loans for the purposes of development. The companys services also include AIB certificates, inward and outward transfers, cheque collection, trade finance, foreign exchange, safe cases, credit cards, and ATMs, as well as capital market services. It operates through seven branches in the Arab Republic of Egypt. The company was founded in 1974 and is headquartered in Cairo, the Arab Republic of Egypt.