To meet the growing demand on its banking services

Published February 18th, 2009 - 01:14 GMT
Al Bawaba
Al Bawaba

To meet the growing demand on its banking services
Arab Bank opens new branch in Bahrain at Hamad Town

As part of its expansion plans in Bahrain, Arab Bank has recently opened a new branch in Hamad Town
bringing the number of its branches in the Kingdom to four.

The branch was inaugurated by Mr. Khalid Hamad – Executive Director – Banking Supervision / Central Bank of Bahrain in the presence of  his Excellency Mr. Hussein  Hazaa' Majali ( Ambassador of Hashemite Kingdom of Jordan to Kingdom of Bahrain ) and  Mr. Hani Fadayel - Executive Vice President & Regional Manager/Arab Bank –Bahrain  and Mr. Zaid Ahmed Head of Retail Banking -Bahrain & Qatar,

Commenting on the move, Mr. Hani Fadayel - said that the opening of the new branch comes in response to the growing demand on its banking services and reflects the Bank’s ongoing efforts to expand its customer base and meet the banking needs of the Bahraini Market.

Mr. Fadayel added  that Arab Bank has been present  in Bahrain since 1960, when the Manama Branch was opened.  In  1976,  Arab Bank started an Offshore Banking Unit (OBU), contributing to the immense development Bahrain and region have witnessed and its modern and diversified economic achievements, which made Bahrain a key commercial, financial and tourist center in the region.

Equipped with state-of –the-art banking technology and qualified staff, the new Hamad Town branch, will offer customers a wide range of banking services with the highest levels of convenience and comfort.

  The branch services include:
account opening, cash withdrawal and depositing, foreign currencies  exchange, settling utility bills , various types of loans (Personal, Cars and Housing), in addition to Credit Cards and Direct Banking Services such as:, Phone Banking (Hala Arabi),Internet Banking (Arabi Online),ATM Banking Services and SMS Banking.