Spot Wesbites, Dubai,UAE
With seven investors and a startup capital of 15,000 Palestinian Pounds, Arab Bank was registered on May 21, 1930 and commenced its operations in Jerusalem on July 14 of the same year. Abdul Hameed Shoman, the founder, was named the Bank?s first chairman. Since its founding, the Bank?s legacy has been to act as an active and leading partner in the socio-economic development of the region. With seven investors and a startup capital of 15,000 Palestinian Pounds, Arab Bank was registered on May 21, 1930 and commenced its operations in Jerusalem on July 14 of the same year. Abdul Hameed Shoman, the founder, was named the Bank?s first chairman. Since its founding, the Bank?s legacy has been to act as an active and leading partner in the socio-economic development of the region.
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