Arab African International Bank has been named "Bank of the Year 2006" in Egypt by The Banker magazine - an affiliate of the world renowned Financial Times.
The award was given to AAIB as a result of its remarkable achievements on three fronts: its commanding growth rates, its soaring profitability that has surpassed markets norms, and finally its innovative edge, manifested in its distinguished range of products and services.
Mr. Hassan Abdalla, Vice chairman and Managing Director of AAIB expressed genuine pride upon hearing the news of the award. “We remain committed to further growth and innovation in order to add more value to both our clients and the market as a whole.”
He added: “I believe in AAIB as a solid financial entity with a legacy and I equally believe in AAIB employees’ ability to create new horizons in the banking industry.”
“On behalf of all of AAIB’s employees, I would like to thank our trusted clients for their continued support, which was instrumental in paving the way for AAIB to become “Bank of the Year in Egypt 2006.” he said.
