Industry | Finance |
---|---|
Headquarters | Wadi Saqra, Jordan |
Key people | Yazid Adnan Al-Mufti, Chairman Mohammad Kamal Eddin Bakri, Vice Chairman Representing Banque du Caire; Hamed krieshan |
Products | Financial services |
Number of employees | ~1500 |
Website | www |
The Cairo Amman Bank is a full-service bank in Jordan and Palestine, with head office in Amman. The head office for the Palestinian territories is in Ramallah. The bank operates about 84 branches and offices in Jordan and 21 in the Palestinian territories. CAB ranks sixth in Jordan and third in the Palestinian territories based on assets. It is also ranked third 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 14 January 1960 as a Jordanian public shareholding company and began its banking services on 1 July 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owned and registered company; Banque du Caire retained a minority position in the bank (12% in 1999), but has since withdrawn almost completely, with Egypt's Banque Misr taking over its stake in 2007.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.[ citation needed ]
CAB was the first bank in the world to begin operating ATMs enabled with iris-recognition technology, which were first deployed in 2006. To date, the iris-recognition ATMs have facilitated over 1.2 million transactions worth $422 million. When the Syrian refugee crisis began, CAB's iris-recognition ATMs were adopted by the United Nations High Commissioner for Refugees (UNHCR) to disperse financial aid to refugees. [2] CAB is the first bank in the world to introduce the iris print as a means of identification allowing customers to access their bank accounts and doing away with the ATM cards and the pass (secret) number. The system recognizes the customer and allows him to access his account and complete his banking transaction either at the service counter or at the ATM at the branches.
In order to increase its coverage in Jordan, CAB has established a presence in Jordanian post offices.[ citation needed ]
Amman New Camp or Al-Wehdat camp, locally known as Al-Wihdat, which is located in the Hay Al Awdah neighbourhood, in southeast Amman, the capital city of Jordan occupies a 0.48 km2 (0.19 sq mi), Of the ten recognized Palestinian refugee camps in Jordan, Al-Wehdat is the second largest, with a population of roughly 57,000 registered refugees, which includes 8,400 students. The United Nation body responsible for administrating Palestinian refugee camps, is the Relief and Works Agency for Palestinian Refugees in the Near East (UNRWA).
Manulife Bank of Canada is a wholly-owned subsidiary of Manulife. As a direct bank, it offers high-interest chequing & savings accounts, credit cards, lines of credit and mortgages, including Manulife One. Since it was established in 1993, Manulife Bank has grown to more than $29 billion in assets and serves customers across Canada. Manulife Bank headquarters are in Waterloo, Ontario.
The Jordanian administration of the West Bank officially began on 24 April 1950, and ended with the decision to sever ties on 31 July 1988. The period started during the 1948 Arab-Israeli War, when Jordan occupied and subsequently annexed the portion of Mandatory Palestine that became known as the West Bank, including East Jerusalem. The territory remained under Jordanian control until it was occupied by Israel during the 1967 Six Day War and eventually Jordan renounced its claim to the territory in 1988.
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Black September, also known as the Jordanian Civil War, was an armed conflict between Jordan, led by King Hussein, and the Palestine Liberation Organization (PLO), led by chairman Yasser Arafat. The main phase of the fighting took place between 16 and 27 September 1970, though certain aspects of the conflict continued until 17 July 1971.
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The Palestinian National Council is the legislative body - in Arabic, the Majlis - of the Palestine Liberation Organization (PLO). The PNC is intended to serve as the parliament that represents all Palestinians inside and outside the Palestinian territories, and all sectors of the worldwide Palestinian community, including political parties, popular organizations, resistance movements, and independent figures from all sectors of life.
The All-Palestine Protectorate, also known as All-Palestine, the Gaza Protectorate or the Gaza Strip, was a short-lived client state with limited recognition, corresponding to the area of the modern Gaza Strip, that was established in the area captured by the Kingdom of Egypt during the 1948 Arab–Israeli War and allowed to run as a protectorate under the All-Palestine Government. The Protectorate was declared on 22 September 1948 in Gaza City, and the All-Palestine Government was formed. The President of the Gaza-seated administration was Hajj Amin al-Husseini, the former chairman of the Arab Higher Committee, while the Prime Minister was Ahmed Hilmi Pasha. In December 1948, just three months after the declaration, the All-Palestine Government was relocated to Cairo and was never allowed to return to Gaza, making it a government in exile. With a further resolution of the Arab League to put the Gaza Strip under the official protection of Egypt in 1952, the All-Palestine Government was gradually stripped of its authority. In 1953, the government was nominally dissolved, though the Palestinian Prime Minister, Hilmi Pasha, continued to attend Arab League meetings on its behalf. In 1959, the protectorate was de jure merged into the United Arab Republic, while de facto turning Gaza into a military occupation area of Egypt.
Dinarak is a mobile wallet, money transfer, electronic bill payment, funds disbursement service, licensed by the Central Bank of Jordan under the JoMoPay national switch and launched in late 2015 as Dinarak wallet as part of the Jordanian central bank's efforts to advocate financial inclusion for the un-banked segment of the Jordanian population. Dinarak allows users to deposit, withdraw, transfer money and pay for goods and services via their mobile phone. The service can be accessed by Dinarak mobile application.
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