View source for Directory:Arab African International Bank

“Arab African International Bank” <ref>http://www.aaib.com</ref> (commonly known as AAIB) was founded in [[Egypt]] in 1964 by Special Law No. 45. AAIB’s main shareholders are the [[Central Bank of Egypt]]<ref>http://www.cbe.org.eg/English/</ref>(CBE) and the [[Kuwait Investment Authority]] (KIA), each holding a 49.37% stake.  Since its establishment, AAIB has been mostly known across the region for its core competencies in [[Corporate Banking]] and Treasury Services<ref>http://www.aaib.com/InvestmentBanking/Treasury%20Services.aspx</ref>. 

AAIB’s roots date back to the early 1960s, where it was founded to meet the development needs of the Arab world and [[Africa]], as one of the material expressions of the then rising concept of [[Arab Nationalism]]. Originating in Egypt, it rapidly expanded into [[Lebanon]], [[Oman]], [[Dubai]], [[Sudan]], [[Bahrain]], [[London]] and [[New York City]], where it conducted its regional and global operations. Following a few decades of rapid international expansion, the 1980s [[Sovereign Debt Crisis]] took its toll on AAIB’s operations worldwide. This prompted a major strategy shift, which focused on an aggressive expansion of operations within Egypt and shrinking overseas operations. Maintaining its financial integrity and solid base, it began diversifying its activities, increasing its customer base, expanding its branch and ATM networks and pioneering new and innovative banking products and services. The end result of its unprecedented growth strategy, AAIB transformed itself from a bank to a full-fledged financial group with activities in [[Corporate Banking]], [[Retail Banking]], Wealth Management <ref>http://www.aaib.com/WealthManagement/aboutus.aspx</ref> and Investment Services.  

AAIB’s Retail Banking & Wealth Management network of 62 branches is spread nationwide, providing clients with AAIB’s entire products services array. AAIB developed new business arms to that effect. The Banks growth was propelled in 2008 with the establishment of four subsidiaries; Arab African Investment Holding (AAIH), Arab African Investment Management<ref>http://www.aaim.com.eg</ref> (AAIM), Arab African International Securities<ref>http://www.aais.com.eg</ref> (AAIS) and Arab African International Mortgage Finance (AAIMF). The establishment of which transformed AAIB from a Bank to a full-fledged Financial Group to become Egypt’s fastest growing bank in terms of size and profitability, with a compounded average growth rate for deposit and loan portfolios that has consistently outperformed market norms. 

AAIB was the first to embrace the idea of Corporate Social Responsibility (CSR) being an integral component of its Core Values System. Applying this with a distinctively unique approach, AAIB is considered as a trendsetter for Sustainable Finance with Value Creation. 

[[Image:490x368.jpeg|thumb|right|700px|Arab African International Bank Logo]]
[[Image:We_Owe_it_logo.jpg|thumb|right|300px|Arab African International Bank Logo]]