Cairo Amman Bank Global Reach and Community Impact

Author

Reads 3K

From above of dollar bills in opened black envelope placed on stack of United states cash money as concept of personal income
Credit: pexels.com, From above of dollar bills in opened black envelope placed on stack of United states cash money as concept of personal income

Cairo Amman Bank has a significant global reach, with operations in several countries including Jordan, Palestine, and Egypt.

The bank has a strong presence in the region, with a large network of branches and ATMs.

Cairo Amman Bank is committed to making a positive impact in the communities it serves, with a focus on supporting small and medium-sized enterprises (SMEs) and promoting financial inclusion.

Through its community programs, the bank aims to empower women and youth, and promote economic growth and development in the region.

About the Bank

Cairo Amman Bank was established on 14 January 1960 as a Jordanian public shareholding company. Its banking services began on 1 July 1960.

Egypt's Banque du Caire converted its branch in Amman, Jordan into a locally owned company, with Banque du Caire retaining a minority position. This minority stake has almost completely been withdrawn, with Egypt's Banque Misr taking over in 2007.

CAB's first branch was launched in the Palestinian territories in 1961.

Global Presence

Credit: youtube.com, Cairo Amman Bank & MasterCard team to boost cross-border payments

Cairo Amman Bank has a significant global presence, with operations in several countries including Jordan, Egypt, and the United Kingdom.

The bank has a long history of international expansion, dating back to the 1980s when it first established a presence in the UK.

Cairo Amman Bank has a strong presence in Jordan, with a network of over 80 branches across the country.

Its Egyptian operations are also significant, with a presence in major cities such as Cairo and Alexandria.

The bank's international presence is a key factor in its ability to provide a wide range of financial services to its customers.

Community Involvement

Cairo Amman Bank has a strong commitment to community involvement, with a focus on supporting local development and improving the quality of life for its customers and the wider community.

The bank's community involvement initiatives are led by its Corporate Social Responsibility (CSR) department, which works closely with local organizations and stakeholders to identify areas of need and develop targeted programs.

Credit: youtube.com, Cairo Amman Bank - Mother's Day

The bank's CSR department has implemented a number of successful initiatives, including a scholarship program for underprivileged students, which has provided educational support to hundreds of young people.

Cairo Amman Bank has also established partnerships with local businesses and organizations to provide job training and employment opportunities for marginalized communities.

The bank's community involvement efforts have been recognized with several awards and accolades, including the "Best Bank for CSR" award at the 2020 Banking Awards.

Frequently Asked Questions

How do I contact Cairo Amman Bank?

To contact Cairo Amman Bank, simply call our contact center at 065007700. Our dedicated team is available to assist you with banking services and answer any questions you may have.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.