ARABIAN AFRICAN TRADING DUBAI UAE

In providing innovative services with a strong regional presence being the gateway for international business into the region

Over the past 50 years, AAIB has catered to top-tier customers through innovative products, services, solutions, a vast network, and highly skilled professionals.

AAIB has been present in UAE for more than 50 years, offering a diversified range of banking products, services and solutions, catering for the needs of individual and corporate clients.

AAIB Financial Group comprises several subsidiaries including leasing, Investment Management, International Securities, Mortgage Finance and Microfinance.

Arab African International Bank has a strong track record in sustainability. It was the first Egyptian Bank to call for sustainable business practices as early as 2003

Tamer Waheed, Vice Chairman & Managing Director, commented, “Our change in vision and strategy, supported by the efforts of 3000+ AAIBians since early 2023, is undoubtedly translating into tangibly changing results. We not only doubled our local currency customer deposits to exceed EGP 280bn, up from EGP 130bn, and uplifting our FCY customer deposits by more than '50%' in less than 18 months, but simultaneously, we steadily doubled AAIB's net income generation momentum. A materially increased momentum, despite AAIB ‘s comparably limited uplift from a significant local currency risk-free rate hike during that period, giving AAIB FCY Capital Base.”

Arab African International Bank commemorated its 60th anniversary in the presence of its success partners at a gala Suhur event held at the Grand Egyptian Museum, symbolizing the bank’s rich heritage and unparalleled excellence over the years.

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