# Arab African International Bank (AAIB)

> Source: https://docs.barcoder.ai/docs/wallets/aaib-egypt
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [AAIB — official](https://www.aaib.com/)

## Key details

- **Parent:** a joint commercial bank
- **Launch:** 1964

## Overview

**Arab African International Bank (AAIB)** is **Egyptian-Kuwaiti joint commercial bank** + **Central Bank of Egypt CBE Egyptian state-owned ~49.4%+ controlling + Kuwait Investment Authority KIA Kuwaiti sovereign wealth fund ~49.4%+ controlling + Egyptian + Kuwaiti retail + institutional + foreign investors minority** + **one of Egypt's largest private commercial banks** + **founded 1964 in Cairo Egypt as Egypt + Kuwait + Libya joint commercial bank** <sup>[1][1], [Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup>.

## History

**1964 — Arab African International Bank AAIB founded in Cairo Egypt as Egypt + Kuwait + Libya joint commercial bank under Egyptian president Gamal Abdel Nasser-era pan-Arab banking initiative** distinctive Egyptian-Kuwaiti banking heritage as Middle East's first multinational pan-Arab commercial bank.

**2014 — AAIB Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Arab African International Bank AAIB** (Egyptian-Kuwaiti joint commercial bank).

**Major shareholders**: **Central Bank of Egypt CBE (Egyptian state-owned) ~49.4%+ controlling + Kuwait Investment Authority KIA (Kuwaiti sovereign wealth fund) ~49.4%+ controlling + Egyptian + Kuwaiti retail + institutional + foreign investors minority**.

**Regulators**: **Central Bank of Egypt CBE + Central Bank of Kuwait CBK via KIA + national regulators across 4+ countries**.

## Technical integration

AAIB Mobile app (iOS + Android) + aaib.com online + Arab African International Bank branch network across Egypt + UAE + UK + Lebanon international branches + AAIB Visa + Mastercard + Meeza Egyptian national card scheme; Meeza national card scheme + Meeza QR (Egyptian national QR payment scheme) + Egyptian Pound EGP domestic transfers.

## Implementations & partners

**Major Egyptian banking + payments competitors**: [National Bank of Egypt (NBE)](https://docs.barcoder.ai/docs/wallets/nbe-egypt) (National Bank of Egypt NBE; Egyptian state-owned commercial bank; Egypt's largest commercial bank by assets) + [CIB (Commercial International Bank Egypt)](https://docs.barcoder.ai/docs/wallets/cib-egypt) (Commercial International Bank CIB; CASE: COMI; Egypt's largest private commercial bank by market cap) + [Banque Misr (BM Online + onebank)](https://docs.barcoder.ai/docs/wallets/banque-misr) (Banque Misr; Egyptian state-owned commercial bank) + [QNB AlAhli](https://docs.barcoder.ai/docs/wallets/qnb-alahli) (QNB Al Ahli Bank Egypt; Egypt's largest private commercial bank by assets; QNB Qatari parent ~95%+ controlling) + [FAB Egypt](https://docs.barcoder.ai/docs/wallets/fab-egypt) (FAB Egypt; First Abu Dhabi Bank Egyptian subsidiary).

**Regulators**: Central Bank of Egypt CBE + Central Bank of Kuwait CBK via KIA + national regulators across 4+ countries.

## Status

**Active, Egyptian-Kuwaiti joint commercial bank + Central Bank of Egypt CBE Egyptian state-owned ~49.4%+ controlling + Kuwait Investment Authority KIA Kuwaiti sovereign wealth fund ~49.4%+ controlling + Egyptian + Kuwaiti retail + institutional + foreign investors minority + one of Egypt's largest private commercial banks + founded 1964 in Cairo Egypt as Egypt + Kuwait + Libya joint commercial bank** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.aaib.com/ "AAIB — official"
[2]: https://en.wikipedia.org/wiki/Arab_African_International_Bank "AAIB — Wikipedia"
[eg-cro]: https://docs.barcoder.ai/docs/payments/EG

- [1] [AAIB — official][1]
- [2] [AAIB — Wikipedia][2]
- <sup>[Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup> In-corpus: `reports/countries/EG-egypt.md`

## Source

Biography extracted from [aaib-egypt.md](https://docs.barcoder.ai/source/wallets/aaib-egypt). See `matrix.md` for standards-support matrix if present.