New Horizons
The structure and systems of global financial markets are undergoing
significant changes at an unexpected pace. Under these conditions
competition will intensify among banks at national and international
levels, and changes in the business environment will drastically
influence performance.
Arab bank's progress owes much to its continuously prudent and
conservative policies, its well-planned and persistent expansion
in international markets, and its firms commitment to develop
its staff's abilities and to modernize its systems.
Arab Bank Ltd. will pursue its expansion in international markets
with special emphasis on the Far East and Europe. Our policies
will continue to concentrate on fully assuring the safety of all
funds entrusted to us. We shall do our best to selectively introduce
innovative financial products that may serve our customers more
efficiently.
By anticipating and fully preparing to meet changes in the business
environments, we intend to enhance our reliability and usefulness
to our customers and the long-term value of our shareholders'
investments.
Khalid Shoman
Deputy Chairman
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