Arab League issued decision during her third course that took place in march / Ithar 1946 by foundation Egyptian Real-state bank he guided the Egyptian royal decree under the name of the Arab land company and the decree defined the company aims by she establishes in palestine to the Palestinian support on land them and their lending to the agriculture requisites buy the lands Wistslah .
She scored the company in 1 / 9 / 1947 Egyptian joint-stock company her main center cairo . And that keep up with her registration in palestine except that the developments that the Palestinian lands witnessed year 1948 came between below the company mastery from undertaking her activity and after the situations continuation in year 1951 returns her registration have the Jordanian authorities to the action in the jordan banks at that time .
In date 13 / 6 / 1999 and by the decision of the Egyptian cabinet fusion Egyptian Real-state bank in the Arab Real-state bank and by that greater and nobler formation completed banking strength in egypt specialist in the properties domain and the land investment and practice all the commercial activities as comprehensive commercial bank in jordan and palestine where he reached the bank creatures total after the fusion 11 billion genie my egypt ( 3.2 billion dollar ) . And so this Arab banking tower continues in his grant continuous to service Arab economy and the development concomitance in the banking industry and that by means of his branches ( 50 ) the widespread in the Arab republic of Egypt and jordan and palestine in addition to the bank correspondents in the universe directions all .
In date 16 / 11 / 1999 the general assembly met An An to the Arab Real-state bank and change name Arab Real-state bank was decided to becomes ( to the Arab Egyptian Real-state bank ) starting from 1 / 1 / 2000 . And by this the Arab Egyptian Real-state bank considers Alan first bank in the Arab world from the nobility and the foundation seniority .
Jordan Branch was Opened in 1951.
(last updated: 09-December-2002)
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