AAIB invests EGP 2bn establishing office space in Landmark Sabbour’s 1-NINETY
Growing demand for administrative, commercial real estate as prime office rents are rising and vacancy volumes dropping, says Sultan
Latest in Tag: The Arab African International Bank Highlight
Latest in Tag: The Arab African International Bank
AAIB arranges EGP 6bn securitised bonds, Egypt’s biggest transaction in 2019
A securitisation transaction is a debt capital market financial instrument whereby future receivables are converted into financial securities which can then be listed and traded on the stock exchange.
AAIB sets up EGP 1.5bn syndicated loan to Marakez
Loan to finance 50% of new mall on Cairo-Sokhna road
AAIB finances PSA plane purchase worth $20.5m
Loan extended over 5 years, expected to be disbursed starting June
AAIB signs revolving credit agreement worth $50m with EBRD
Bank seeks to push cooperation with EBRD to benefit from its experience in serving sectors, economic activities targeted in Egypt: CEO of AAIB
AAIB appoints Elwy as deputy chairperson, managing director
Candidate previously served as deputy chairperson of NBE, member of board of directors of TE
AAIB opens six new branches in Greater Cairo, governorates, aims to increase number to 100
The series of branches includes Souhag, Sukhna port, Mandara, Abbasia, Shams Club, Obour Buildings
AAIB contributes to long-term joint financing of EGP 4bn for Misr Petroleum, COOP
Funding solidifies bank’s role in supporting energy sector, says AAIB CEO
AAIB co-finances largest solar energy project in ME in Aswan
The Arab African International Bank (AAIB) has successfully contributed to financing the largest solar power project in Egypt and the Middle East in Benban, Aswan, becoming the largest solar power plant in the region with a target capacity of 1.8 GW. According to Hassan Abdalla, executive director of the AAIB, Egypt is one of the …
Sustainable finance is realising inherent connection between economic growth, social, environmental, governance concerns: AAIB CEO
Banks should shift traditional operations towards microfinance, entrepreneurship, SMEs, says Hassan Abdalla, CEO of Arab African International Bank (AAIB)
AAIB develops some branches to serve special needs clients
The Arab African International Bank (AAIB) has developed some of its branches to suit special needs clients, as part of the bank’s keenness to achieve financial inclusion. The bank has developed the sidewalks and entrances to make them wheelchair accessible. It also equipped some of the branches with teller windows of different heights. Hassan Abdullah, …
AAIB seeks to attract more investments, contribute to development in the SCZone
The bank signed a memorandum of understanding with the General Authority for the SCZone to be present in the region and offer investors there supportÂ
AAIB arranges EGP 2.5bn syndicated loan for Holding Company for Food Industries
Bank attracts EGP 25bn new deposits during first nine months of 2015
AAIB celebrates first graduating class in sustainable finance programme
MOSTADAM was jointly established by the AAIB, the United Nations Development Programme (UNDP), and the Egyptian Corporate Responsibility Centre (ECRC) in 2012
AAIB launches Edu Invest programmes
Financing tuition fees ranges between EGP 15,000 and EGP 600,000 loan up to seven years, says Bahnasawy
AAIB named Egypt’s Best Green Bank for 2015
As such, AAIB is the first bank in Egypt to embrace sustainable finance as a strategic concept that coherently ties with its notion of growth.
AAIB underwent significant expansions: Bank leaders
Bank launches14 new branches, number of ATMs increases to 321
Suez Canal ceremony expenses collected: Canal Authority official
Donations ranged between $250,000 and $1m, the official noted
AAIB assets increase to EGP 91bn by end of March
The fund portfolio for companies at the bank reached EGP 31.4bn by the end of March 2015, a rise of 11.33% compared to December 2014.