Arab African International Bank Archives

Latest in Tag: Arab African International Bank

Arab African International Bank partners up with Liferay to accelerate its digital transformation

By implementing Liferay’s latest digital technology on the bank’s website, AAIB customers will be able to smoothly and swiftly access a variety of financial services, via any electronic device. In addition, Liferay solutions will be assisting the bank in achieving its strategic goals of financial resilience, customer focus, and innovation, through the use of new operating system models, data, and digitization, as the new platform will cater to evolving business and individual needs.

Daily News Egypt

March 1, 2022

Dina Zikry, Head of Consumer Banking at the AAIB

AAIB lends support to Egypt’s cashless economy drive

Bank to offer Egyptian merchants state-of-the-art N-Genius™ payment platform

Daily News Egypt

February 4, 2021

MNHD, NBE, Banque Misr, AAIB sign loan contract worth EGP 2.1bn

Company aims for EGP 3bn in revenues in 2020, says Al-Hatimi

Alyaa Stohy

May 10, 2020

Dalia Abdel Kader director of Marketing and Communications Arab African International Bank AIIB

UNEP FI selects AAIB’s Abdel Kader to promote Principles For Responsible Banking in MENA

Abdel Kader previously nominated by CBE to represent Egypt at G20 Summit in China, Green Finance Study Group in 2016

Daily News Egypt

November 6, 2018

AAIB named best investment bank in Egypt by Global Banking and Finance Review

Bank gateway to international investments in Egypt by providing best financial, investment solutions to global investors, Abdalla says

Daily News Egypt

April 16, 2018

AAIB opens its branches for primary school students within framework of its financial education programme

In the belief that applying the definition of financial inclusion is one of the main pillars to achieve economic growth through reaching the different segments of society and raising awareness of banking services in activation of the financial education programme, the Arab African International Bank (AAIB) has started receiving primary school students as a first …

Daily News Egypt

November 16, 2017

EBRD boosts small firms through lending $30m to Arab African International Bank

EBRD is further supporting the development of small and medium-sized enterprises (SMEs) in Egypt with a $30m loan to the Arab African International Bank (AAIB). EBRD’s SME credit line will help AAIB to further expand its SME lending and will contribute to increased access to finance for small businesses in Egypt. Although SMEs account for over 90 percent of all …

Daily News Egypt

November 16, 2017

AAIB raises value of financing package granted to SODIC Group to EGP 1.4bn

The bank’s total loans to SODIC Group increased to EGP 4bn over the past three years

Daily News Egypt

August 27, 2017

Arab African International Bank increases Golden Saving Account rates to 14% annually

The Arab African International Bank (AAIB) raised the interest rates for the Golden Saving Account in Egyptian pounds to 14% annually, 13% semiannually, 12.75% quarterly, and 12.5% monthly. Return is calculated on the lowest balance during the month—provided that it is not less than the minimum balance of EGP 5,000. Hassan Abdalla, the CEO of …

Daily News Egypt

July 9, 2017

IFC provides AAIB with $100m loan to support SMEs

The loan will enable AAIB to scale up its lending operations to smaller businesses

Reem Hosam El-din

March 28, 2017

State banks boost their investment in treasury bills by EGP 13.8bn in July: CBE

Banking sector accounts for 77% of total outstanding balances of bills

Hossam Mounir

October 30, 2016

Sherif Moahmed Hassan Deputy General Manager Head of Marketing Communications Department at AAIB

Arab African International Bank awarded sponsorship of El Gouna Squash Open amid fierce competition: Hassan

El Gouna Open has become one of eight major international squash tournaments, says AAIB Head of marketing and communications

Hossam Mounir

April 28, 2016

CBE, international institutions begin assessing AAIB, Banque du Caire in preparation for IPO

Timing, price, and promotion are important factors for a successful launch on the EGX, says financial analyst

Hossam Mounir

March 27, 2016

AAIB first private bank in Egypt to promote syndicated loans on MENA level: Bloomberg

Bloomberg ranks the best investment banks in over 200 countries, dealing with approximately 100 different currencies

Daily News Egypt

February 6, 2016

AAIM managed assets worth EGP 3.5bn by mid-2015

AAIM is one of the financial subsidiaries of the Arab African International Bank (AAIB).

Hossam Mounir

December 1, 2015

3 banks arrange syndicated loan of EGP 1.3bn for Evergrow

List includes AAIB, National Bank of Egypt and Abu Dhabi Islamic bank

Daily News Egypt

July 11, 2015

Arab African Bank signs agreement with Temenos, IBM to develop tech systems

The Arab African International Bank (AAIB) signed an agreement with leading banking systems company Temenos and IBM, specialised in manufacturing and developing software, to develop the bank’s core banking system. The new system aims to improve and maintain the bank’s performance in the customer service field through developing the infrastructure of ATMs and electronic banking …

Daily News Egypt

May 30, 2015

Palm Hills signs bridge loan agreement worth EGP100m

The loan will be used for financing a project in the North Coast and has been signed with Banque Misr and AAIB

Menna Samir

May 24, 2015

Assets under AAIH’s management reach EGP 3.1bn in 2014

The amount of assets under management of the Arab African International Bank (AAIB)’s subsidiary, Arab African Investment Holding (AAIH,) has doubled to EGP 3.1bn by the end of 2014. This figure compared to EGP 1.3bn in 2011, said Mohamed Mostafa, managing director of AAIH. Mostafa noted that AAIH is pumping investments in 2015 to increase …