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Arab African International Bank (AAIB)

https://www.aaib.com

Overview

  • Organization TypeInvestment & Finance
  • Founded1964
Arab African International Bank was established by Special Law as a Joint Venture between the Central Bank of Egypt (CBE) and Kuwait Investment Authority (KIA), and was incorporated in 1964 as Egypt's first Arab multinational Bank. Their Vision To be the leading financial group in providing innovative services with a strong regional presence being the gateway for international business into the region. AAIB aims to create a financial institution that would leverage the wealth of the region not just the Egyptian market, but to be the financial backbone of this regional ambition, providing innovative products and services. Arab African International Bank's treaty of establishment was signed by the late Egyptian president Gamal Abdel Nasser and H E Gabr Al Ahmed Al Gabr Al Sabbah Kuwait's former Crown Prince. Arab African International Bank was established by a special Law as a Joint Venture between the Central Bank of Egypt (CBE) and Kuwait Investment Authority (KIA), and was incorporated in 1964 as Egypt's first Arab multinational Bank. With each party holding a 49.37% stake, the Central Bank of Egypt and the Kuwait Investment Authority constitute the core of AAIB's shareholder base with a dollar-based equity 

Contact Arab African International Bank (AAIB)

Company Offices
  • Egypt
  • Cairo
  • 5 Midan El Saray El Koubra, Garden City