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"Arab African International Bank Awarded by Visa"

Arab African International Bank (AAIB) was awarded the Visa Innovation Award for the year 2006, the award was granted to AAIB for its various arrays of products that reveal a strong sense of innovation and creativity.

The Visa award comes as a notion of recognition towards the bank’s unprecedented contributions to the market, as AAIB has taken the responsibility of providing the most sophisticated and up-to-date products and services helping the Egyptian market to become techno-motivated no less than international ones.

AAIB’s distinction does not only stem from its high profitability rates and consistent growth, but also from its sustained exploration of all what’s original and novel in the banking industry to introduce it into the market.

In 2003, AAIB was the first to launch the Smart Chip technology in Visa Cards followed by the Transparent Credit Cards with their distinctive shape and attractive design with various features.

Following its giant steps in re-defining the banking industry in Egypt, AAIB introduced this year Visa Mini Cards, Visa Mini has a distinguished size of 4 cm height and 6.6cm length (almost half the size of the regular credit card), enabled to be attached to different items (key chains, necklaces…etc.), it gives the chance to be carefree anywhere, and when traveling, it is the safest way to handle money.

AAIB Credit Cards are characterized with their highly competitive rates and a grace period up to 55 days on purchases, moreover card settlements are now available through the widespread network of ATMs or from client’s home or office.

Its worth mentioning that AAIB – established 1964 by special law- is considered a pioneer in the field of credit cards in Egypt, as it has been one of the leading banks that introduced credit cards to the Egyptian market in the mid eighties.