| Industry | Finance |
|---|---|
| Headquarters | Wadi Saqra, Jordan |
| Key people | Mr. Khaled Sabih Al-Masri, Chairman Mr. Mohammad Kamal Eddin Bakri, Vice Chairman Representing Banque Du Caire |
| Products | Financial Services |
| Website | http://www.cab.ps/ |
The Cairo Amman Bank is a full service bank in Jordan and the Palestinian territories, with headoffice in Amman. The headoffice for the Palestinian territories is in Ramallah. The bank operates about 70 branches and offices in Jordan and 21 in the Palestinian territories. CAB currently ranks 6th in Jordan and 3rd in the Palestinian territories based on assets. It is also ranked 3rd in the Palestinian territories based on the number of branches it has. The bank is a member of the Jonet ATM network in Jordan.
Cairo Amman Bank was established on January 14, 1960 as a Jordanian public shareholding company and began its banking services on July 1, 1960.[1] At the time, Egypt's Banque du Caire converted its branch in Amman, Jordan, into a locally-owned and registered company; Banque du Caire retained a minority position in the bank (12% in 1999), but has since withdrawn almost completely, with Egypt's Banque Misr taking over its stake in 2007.
CAB's first branch was launched in the Palestinian territories in 1961. CAB returned to the Palestinian territories in 1986 with a branch.