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Arab Israel Bank

Native name	البنك العربي الإسرائيلي בנק ערבי ישראלי‎
Company type	Subsidiary
Industry	Banking
Founded	1961; 63 years ago (1961)
Headquarters	Israel
Area served	Israel
Services	Financial services
Revenue	NIS 170.8 million [1]
Net income	NIS 49.2 million [1]
Parent	Bank Leumi
Website	arabic.leumi.co.il ( AR)

Arab Israel Bank (Ai Bank) ( Hebrew: בנק ערבי ישראלי, Arabic: البنك العربي الإسرائيلي) is a bank in Israel established in 1961. It is owned by Bank Leumi and caters to the country's Arab population. ^[2]

History

In 1971, Bank Leumi acquired Arab Israel Bank (established 1960), which serves mainly the Arab citizens of Israel in the north of the country. ^[1] Ai Bank has 35 branches located in Israel's northern and Triangle regions.

The bank is primarily focused on retail banking and has around 470 employees. ^[3]

In January 2016, the bank merged into Bank Leumi, and its branches became branches of Bank Leumi.

See also

• Economy of Israel
• List of banks
• List of banks in Israel

References