Arab Bank selected as best foreign bank in Yemen for 2007

The selection comes as a highly important indicator of the increasing confidence the bank enjoys among specialized rating agencies and a further proof to its ability to keep up with the various developments in the global industry and meet the different banking needs of its corporate and individual customers.

Arab Bank has also been selected as Best Bank in Yemen for 2008 by Global Finance magazine, in recognition of the major and pioneering role it plays in the country.

Arab Bank opened its first branch in Yemen's Hudaida town in 1972. Its network currently comprises 10 branches located in various major Yemeni cities.

Through its outlets in Yemen, Arab Bank contributes to financing various large-scale infrastructure projects such as electricity, communications and roads, among other strategic fields, in addition to financing external and local trade to enhance development.

Arab Bank offers an integrated set of advanced banking services, including retail banking (loans, credit cards, accounts, money transfers and others), along with corporate banking services and products such as loans and letters of credit.