In 1931, Arab Bank founder Abdul Hameed Shoman donated to building a University in Jerusalem. Arab Bank has since been an active community partner, and a patron of charitable work. The Bank's leadership places strong emphasis on Best Practice approach towards issues related to economic and social aspects of its business, with relation to the communities of its operation areas, and stakeholders.
Arab Bank believes in the interdependence of business and community, it is also aware of the need to emphasize its stakeholders' needs world wide.
In August 2006, and during the royal visit by His Majesty King Abdullah II, Arab Bank donated 2 Million Jordanian Dinar (USD 2.8 Million), to support governmental poverty alleviation efforts in the Southern parts of the Kingdom.
The Bank has also been active in sponsoring educational and medical institutions, in addition to providing scholarships to students both in Jordan and the Palestinian territories. Universities, schools, hospitals, youth and cultural centers, orphanages, and various NGO's are among hundreds of beneficiaries in local communities with whom the Bank has partnered.
Arab Bank's reaction towards the human tragedy caused by Hurricane Katrina in the United States was rapid and determined, contributing with a symbolic amount of USD 100,000 to the American Red Cross Disaster Relief Fund.
More recently, in 2009 Arab Bank launched ‘Together’ which is a large-scale corporate and social responsibility program that caters to both Arab Bank’s customers and its employees
CSR & Sustainability Reports
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