Wallets/arab-bank-jordan
Arab Bank
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Overview
Arab Bank is Amman Stock Exchange ASE: ARBK + Jordanian commercial bank + one of MENA's largest commercial banks by assets + Shoman family Jordanian-Palestinian founding family controlling minority + 600+ branches across 30+ countries on 5 continents + founded May 21 1930 in Jerusalem 1, Jordan report.
History
May 21 1930 — Arab Bank founded in Jerusalem by Abdul Hameed Shoman as first Arab-owned commercial bank in Palestine distinctive Jordanian-Palestinian + MENA banking heritage.
1948 — Arab-Israeli War + Arab Bank Jordan relocation post-displacement from Jerusalem.
2010 — Arabi Mobile banking app launch.
Ownership & operator
Operating entity: Arab Bank plc (Jordanian commercial bank; Amman Stock Exchange ASE: ARBK).
Major shareholders: Shoman family Jordanian-Palestinian founding family controlling minority + Jordanian retail + institutional + foreign investors free float.
Regulators: Central Bank of Jordan + national regulators across 30+ countries.
Technical integration
Arabi Mobile mobile app (iOS + Android) + arabbank.com online + Arab Bank branch network across 30+ countries (~600+ branches) + Arab Bank Visa + Mastercard cards; JO IBAN + CLEAR JO (Central Liquidity Engine for Automated Reconciliation Jordanian payments).
Implementations & partners
Major Jordanian + MENA banking + payments competitors: Jordan Islamic Bank (Jordan Islamic Bank; Amman Stock Exchange ASE: JIBA; Jordanian Islamic commercial bank; Al Baraka Banking Group Bahrain parent controlling) + Housing Bank for Trade and Finance (Housing Bank for Trade and Finance; Amman Stock Exchange ASE: THBK; Jordan's #2 commercial bank by assets) + Cairo Amman Bank (CAB Mobile Banking) (Cairo Amman Bank; Amman Stock Exchange ASE: CABK; Jordanian commercial bank) + Bank of Jordan (Bank of Jordan; Amman Stock Exchange ASE: BOJX; Jordanian commercial bank) + Capital Bank of Jordan (Capital Bank of Jordan; Amman Stock Exchange ASE: EXFB; Jordanian commercial bank) + Jordan Ahli Bank (JAB) (Jordan Ahli Bank; Amman Stock Exchange ASE: AHLI; Jordanian commercial bank) + Bank al Etihad (Bank al Etihad; Amman Stock Exchange ASE: UBSI; Jordanian commercial bank).
Regulators: Central Bank of Jordan + national regulators across 30+ countries.
Status
Active, Amman Stock Exchange ASE:ARBK + Jordanian commercial bank + one of MENA's largest commercial banks by assets + Shoman family Jordanian-Palestinian founding family controlling minority + 600+ branches across 30+ countries on 5 continents + founded May 21 1930 in Jerusalem 1, 2.
Sources
- 1 Arab Bank — official
- 2 Arab Bank — Wikipedia
- Jordan report In-corpus:
reports/countries/JO-jordan.md
Source
Biography extracted from arab-bank-jordan.md. See matrix.md for standards-support matrix if present.