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As part of its continuous efforts to support the healthcare sector and contributing to the development health service provided to citizens, Arab Bank recently supported the Ajja Ambulance and Emergency Center through donating several necessary medical equipment to the center, enabling it to serve a wider segment of patients in line with its social responsibility.  

This donation comes as part of Arab Bank’s constant commitment to supporting the healthcare sector as a vital pillar of society, along with other key areas such as education, environmental protection, poverty reduction, and orphan support. It is also in line with the bank’s social responsibility program “Together” and entails equipping the center with 4 essential medical equipment, being the only operating medical center providing urgent and medical care to the area and serving seven neighboring towns with the population of 49 thousand individuals. The Ajja Medical Center provides emergency service around the clock with a designated ER area, a laboratory, and various clinics specializing in internal medicine, dentistry, general surgery, gynecology, orthopedics, and pediatrics, along with an emergency operating room.

Ajja Health Center management expressed their appreciation for Arab Bank's donation and support, which will enhance the level of healthcare services for patients in Ajja and neighboring towns, alleviating the burden of seeking treatment in other areas.

It is worth mentioning that Arab Bank has provided its support to various healthcare initiatives based on priority and urgent need. The bank has previously equipped several healthcare centers and hospitals across Palestine with necessary medical equipment and machines. This includes a mammogram machine for Nablus Health Directorate, ultrasound machines and laboratory equipment for Tulkarm Health Directorate, dialysis machines for a number of hospitals, and the full equipment of the new Ras al-Fara'a Health Center.

Jul 22, 2024
Arab Bank Supports Ajja Ambulance and Emergency Center

The Union of Arab Banks has named Ms. Randa Sadik, Arab Bank’s Chief Executive Officer, the Arab Banker of the Year 2024.

The honoring took place during the opening of the International Arab Banking Summit, which was organized by the Union of Arab Banks in Istanbul on May 23rd and 24th.

Ms. Randa Sadik was honored in recognition of her substantial contributions to the development of the Arab banking sector, fostering banking relations among Arab and global markets. As CEO of Arab Bank, one of the most prestigious banks in the region that has one of the largest global Arab banking networks, Ms. Sadik has played a pivotal role in driving economic and social development within the region.

Ms. Sadik assumed the position of Chief Executive Officer at Arab Bank in 2022, after serving as Deputy CEO since 2010. Her banking career spans 38 years, commencing in 1986 at National Bank of Kuwait. During her 24-year tenure there, she held various leadership roles, the last of which was the General Manager of the International Banking Group in London and Kuwait. 

It is worth noting that Ms. Sadik was ranked sixth on Forbes Middle East’s list of the 100 most powerful businesswomen in the Middle East for 2024.   

Ms. Sadik holds an MBA degree from the American University of Beirut.

Jun 2, 2024
Randa Sadik Named "The Arab Banker of the Year 2024" by the Union of Arab Banks

Arab Bank has recently renewed its cooperation agreement with the SOS Children's Villages -Palestine, which entails the sponsorship of two additional family homes. This agreement comes as part of the bank’s constant efforts to support community initiatives aimed at providing a decent living for children deprived of familial support as part of its CSR program “Together”.

The bank’s support covers the basic needs for children such as education, clothing, food, health, and psychological care in addition to the ongoing expenses for two homes in the village for an entire year. Each home supports seven children ensuring that every child belongs to a family and grows with love, respect and security, helping them to become active and independent members of the society.

Ms. Ghada Al-Issa/Herzallah, National Director of SOS Children's Villages, expressed her pride in the ongoing strategic collaboration with Arab Bank since 2012, which enables the SOS Children’s Villages to continue providing holistic alternative care. This covers various needs including food security, housing, education, health and psychological care, economic security, protection, and community integration for the children and youth who lack it.  

For his part, Mr. Jamal Hurani, Country Manager at Arab Bank – Palestine stated that the agreement renewal reaffirms Arab Bank’s commitment to vital community initiatives that support children who lost parental/family care, and provide a decent livelihood for them, along with a promising future in collaboration with the SOS Children’s Villages – Palestine.

It is worth mentioning that Arab Bank has taken an active role in the community by adopting a comprehensive strategic approach and collaborating with several NGOs to achieve sustainable economic, social, and environmental development. “Together”, Arab Bank’s corporate social responsibility program is a multi-faceted program that works on improving and developing different aspects of the community. Through a variety of initiatives and activities, the program aims to serve the community in areas related to health, poverty alleviation, environmental protection, education, orphan support, and women empowerment.
May 27, 2024
Arab Bank Renews its Support to the SOS Children's Villages by Sponsoring Two Homes

Arab Bank has recently launched its "Smart Cash Deposit" service, a value-added addition to the host of unique services offered to its corporate customers, both locally and abroad. This comes as part of its constant efforts to provide the latest banking solutions and services that meet the needs of its customers across the different sectors. 


The new service enables Arab Bank corporate customers to deposit business-related cash and collections easily and securely through a smart deposit machine. Dedicated smart deposit machines are provided to companies contracted with the bank, allowing for instant crediting into their accounts upon deposit approval. 


Commenting on the new service, Mr. Yousef Al-Sadi, Country Head of Corporate & Institutional Banking at Arab Bank – Palestine, said: “The launch of the Smart Cash Deposit service reflects Arab Bank’s commitment to adopting the latest advancements in the banking industry to serve its corporate customers. This saves them time and effort when transferring cash, and reduces risk related with cash logistics.”


It is worth mentioning that Arab Bank is one of the leading banks in adopting advanced banking solutions and services. The bank offers a variety of innovative solutions and services for corporate clients to help them execute their local and international banking transactions seamlessly and efficiently through its one of a kind "ArabiConnect" platform in Palestine. Additionally, Arab Bank provides specialized business centers equipped with the latest technology in Ramallah, Hebron, and soon in Nablus, to offer a comprehensive suite of services (One-Stop-Shop) to ensure an exceptional banking experience for corporate clients. Arab Bank was recently awarded the "Best Bank in the Middle East 2024" by the New York-based Global Finance magazine for the ninth consecutive year.


May 19, 2024
Arab Bank Launches "Smart Cash Deposit" Service for Corporate Clients
Arab Bank has recently received the “Best Bank in the Middle East 2024” award by New York-based international publication “Global Finance”, for the ninth consecutive year.

This global recognition was made by the editors of Global Finance after extensive consultations with corporate financial executives, banking consultants, and analysts throughout the world.

Global Finance considered several factors when selecting top banks, including asset growth, profitability, geographical coverage, strategic alliances, product innovation, and market expansion endeavors. The evaluation criteria also included the opinions of equity analysts, credit rating analysts, banking consultants, and industry participants.

Global Finance Awards cover more than 150 countries, territories and districts across Africa, Asia-Pacific, the Caribbean, Central America, Central and Eastern Europe, Latin America, the Middle East, North America, and Western Europe. 

Commenting on this recognition, Ms. Randa Sadik, Arab Bank’s Chief Executive Officer, said: "This global recognition for the ninth consecutive year is a testament to Arab Bank’s leading position across the MENA region banking landscape, reinforced by the bank's robust business model and its ability to achieve solid results despite regional and global challenges." Ms. Sadek added: “Through our established institutional approach and ambitious strategy, we are committed to providing integrated banking services across various sectors, delivering a comprehensive banking experience for customers supported by the latest digital banking solutions, both locally and regionally. "

It is worth mentioning that The Banker Magazine, owned by the Financial Times and based in London, has also named Arab Bank as Bank of the Year in the Middle East for 2023. 

Arab Bank, headquartered in Amman - Jordan, was established in 1930 and has one of the largest global Arab banking networks with over 600 branches. Arab Bank’s extensive network covers key financial markets and centers such as London, Singapore, Shanghai, Geneva, Paris, Sydney, Dubai, and Bahrain.
May 14, 2024
Arab Bank “Best Bank in the Middle East 2024”

Arab Bank has renewed its collaboration with the Ministry of Social Development to donate food parcels to underprivileged families during the holy month of Ramadan. This comes as part of the bank’s social responsibility and its constant efforts to support less fortunate families in the community and provide them with their basic needs.

Through this agreement, several parcels containing 19 food items that include all the basic nutritional elements were distributed to beneficiary families through the Ministry of Social Development across six main governorates; Jenin, Tulkarm, Nablus, Azariah/Jerusalem, Yatta/Hebron, and Jericho. Arab Bank employees volunteered to help package and prepare the food parcels, translating the bank’s commitment to involve its employees in different voluntary initiatives that help reinforce their social responsibility and giving spirit.

This collaboration has been renewed for the fourth consecutive year due to its important role in supporting families in need and enhancing the initiative’s impact by providing these families with their basic food needs, thus contributing to achieving social solidarity across the community.

In addition to distributing food parcels, Arab Bank’s cooperation with the Ministry of Social Development also entails a series of annual initiatives through which school bags, winter blankets and other necessities are distributed to families in need, which helps alleviate their burdens.

Since its inception, Arab Bank’s social responsibility program “Together” aims to serve the community in areas related to education, health, environmental protection poverty alleviation, orphan support, and women empowerment to contribute to achieving sustainable social, economic, and environmental development.

Arab Bank has recently launched a new service through its “Arabi Mobile” App, allowing online bank account opening, easily and securely by using smartphones and tablets.

The new service comes as part of Arab Bank’s constant efforts to provide the latest digital banking solutions for its customers replacing branch visits with a host of advanced digital banking services. The service enables individuals of different age groups residing in Palestine who are eligible to open a bank account to do so by downloading the "Arabi Mobile" App through App Store, Google Play, or Huawei AppGallery, and use the option "Open New Account" available through the app to enter the required information and attach the needed papers. Customers are also able to connect their existing Visa debit card to the new account without the need to visit the branch.

Commenting on the launch of the new service, Mr. Wael Al-Khatib, Head of Consumer Banking at Arab Bank – Palestine, said: "We continuously seek to enhance our digital banking services in order to provide our customers with the best value propositions designed to meet their needs and lifestyle in line with the latest technologies in the banking industry.” He added: "Through the new service available on the “Arabi Mobile” App, we offer a simple and secure digital platform to individuals, enabling them to seamlessly open Arab Bank accounts and enjoy the services offered without the need for branch visits, saving time and effort.”

In addition to the “Arabi Mobile” app, Arab Bank provides its customers with a comprehensive range of digital banking solutions, including: state-of-the-art ATM machines, Drive Thru ATMs, self-service branches in Al-Tireh – Ramllah, and Rawabi City. This is in addition to a host of around-the-clock services that enable customers to carry out transactions easily and securely and communicate in real-time with a bank representative through the Interactive Teller Machine (ITM).

 

Mar 3, 2024
Arab Bank Launches Its Digital Onboarding Service Through “Arabi Mobile” App