Our Legacy

Decades of Banking Excellence with utmost integrity

WHAT WE DO GLOBALLY

Acabes is a global capability center delivering cutting-edge technology solutions and support to Arab Bank, and its affiliates and subsidiaries worldwide. Today, ACABES proudly stands as the tech enabler for helping Arab Bank, stay ahead of the curve in this new digital age of banking.
As Arab Bank’s in-house tech lab, ACABES is dedicated to the continuous upgrades and enhancement of Arab Bank Group’s existing digital offerings. ACABES is also focused on building new end-to-end platforms that disrupt and revolutionize the way a financial institution, like Arab Bank, operates and serves its customers.

OUR SHARED HISTORY

Arab Bank was registered on May 21, 1930, and began operations in Jerusalem. In 1948, its headquarters moved to Amman, Jordan, where it became a public shareholding company. The 1940s–50s saw rapid regional expansion. In 1961, it opened its first international office and became the first Arab bank in Switzerland. Arab Bank Switzerland was established in Zurich (1962), with a branch in Geneva (1964). Despite regional instability, the Bank maintained full financial reliability. In the 1970s, it focused on Gulf oil economies and continued growing in Jordan. International expansion added branches in Frankfurt, London, Australia, New York, and Singapore. After the Oslo Accords, it reopened branches in Palestinian towns. In the 1990s, Arab Bank added investment banking to its services. In 2006, it launched Europe Arab Bank (EAB) in London, acquired 50% of Turkland Bank (Turkey), and 50% of Al Nisr Al Arabi Insurance (Jordan), introducing Bancassurance. Today, Arab Bank has over 600 branches across five continents and is recognized as one of the region’s most innovative banks.

Subsidiaries

  • Arab Bank Australia Limited
  • Europe Arab Bank plc
  • Islamic International Arab Bank plc
  • Arab Sudanese Bank Ltd
  • Arab Tunisian Bank
  • Arab Bank – Syria
  • Al Arabi Investment Group (AB Invest) LLC
  • Arab National Leasing Company LLC
  • Al Niser Al Arabi Insurance Co. plc
  • Al Arabi Investment Group Company- Palestine
  • Oman Arab Bank

Sister Companies

  • Arab Bank (Switzerland) Limited
  • Turkland Bank
  • Arab National Bank
  • Arabia Insurance Co.
  • Commercial Building Co.

Innovation Pillars

In addition to Acabes, key pillars in our Innovation journey also include AB Accelerator, AB iHUB and AB Ventures- all powered by Arab Bank. The opportunity to leverage all our capabilities make this launch very promising for what we want to offer to our customers.

OTHER GROUP ENTITIES

Arab Gulf-Tech for IT Services FZ-LLC, company registered in the Dubai Technology Electronic Commerce & Media Free Zone, Dubai, United Arab Emirates on 22 of September, 2004 under Registration No. 20057. The Company is a wholly-owned subsidiary of Arab Bank PLC – Jordan, which is our ultimate parent company.
Arab Bank provides a wide range of financial products and services for individuals, corporations and other financial institutions. The Bank’s products and services cover Consumer Banking, Corporate and Institutional Banking and Treasury services. Arab Bank’s extensive network covers key financial markets and centres such as London, Dubai, Singapore, Shanghai, Geneva, Paris, Frankfurt, Sydney and Bahrain