Our story dates back to February 15th, 1880 when the ‘Egyptian Land Bank’ was established in order to assist farmers and landowners in Egypt gain access to the financial support they needed to boost the productivity of their land, and increase the important role of the agricultural sector in the Egyptian economy.
In the years that followed the Egyptian Land Bank grew to become a prominent financial institution across the region, serving as a source of financial support for Arabs throughout the Middle East.
In response to the major upheavals witnessed in the region in the first half of the 20th Century, and in keeping with its stated role of serving the Arab people, the bank expanded its operations to Palestine.
In March 1946, the Arab Land Company – registered as an Egyptian Shareholding company with its headquarters in Cairo and offices in Palestine - was established to lend support to the Palestinian agricultural sector in order to assist them in maintaining ownership of their lands and to increase their production capabilities.
With the occupation of Palestine shortly after its establishment, the Arab Land Company was prevented from maintaining its operations there and consequently relocated its offices to the Hashemite Kingdom of Jordan in 1951, where it continued to support the Palestinian agricultural sector and commenced its operations in the nascent Jordanian economy.
In 1999, following a decision by the Egyptian Council of Ministers, the bank was renamed and has since been known as the Egyptian Arab Land Bank throughout the Middle East.
Since its inception 134 years ago, the Bank has established itself as one of the largest banking entities in Egypt, specializing in real estate investments and trade finance. In Jordan and Palestine, the Egyptian Arab Land Bank is a commercial bank providing a comprehensive range of corporate, retail and investment banking services.
The Bank has 43 branches spread across Egypt, Jordan, and Palestine along with a network of correspondents around the world and total assets of over 14 billion Egyptian pounds ($2.6 billion).
Although the bank has witnessed numerous internal and external changes during its long and successful history, its core aim remains the same – to provide innovative, accessible and valued financial support for the Arab economy as a whole.