Cario Amman Bank was established on January 14, 1960 as a Jordanian public shareholding company and began its banking services on July 1, 1960. CAB's first branch was launched in Palestine in 1986.
CAB is currently ranked 6th in Jordan and 2nd in Palestine with regard to amount of assets. It is also ranked 3rd in Palestine with regard to the number of branches it has.
CAB's branches are equally distributed across the Kingdom and connected through a network that allows clients to complete their financial operations from any of CAB's 65 branches and offices in Jordan and Palestine.
CAB enjoys a solid financial base. its paid up capital of JD75 million, with the total shareholders equity reaching JD141,172,677as of September 30 2007.
CAB offers a wide range of banking, commercial, investment and individual services. Throughout the years, the bank conducted a number of pioneering projects such as funding and giving loans to the less fortunate, providing personal loans through transferring salaries in addition to investment services, credit cards and rapid money transfers-Western Union. All CAB's strategies and plans are created and prepared with one goal in mind: Empowering the Jordanian economy and improving the lives of citizens |
