Egyptian Arab Land Bank wins Football Tournament

Press release
Published December 26th, 2010 - 04:10 GMT

Egyptian Arab Land Bank wins Football Tournament
Egyptian Arab Land Bank wins Football Tournament

The Egyptian Arab Land Bank (EALB), one of the largest Egyptian commercial banks and one of the oldest banks operating in Jordan, organized a football tournament that included the Egyptian Arab Land Bank team as well as teams belonging to the Amman Surgical Hospital, The Bank of Jordan, Abu Sheikha Exchange, Investment and Finance Bank, Al Hikma Pharmaceuticals, Al Rawayda Company and Al Takaddom Company. The Egyptian Arab Land Bank came in first place.

Mr. Hazem Yousef stated, "This is the fourth football tournament that we have organized with other companies, with the aim of creating and solidifying ties between the teams, which in turn results in a positive and productive business environment for all."

He added, "We value and appreciate the professionalism and dedication our employees put into their work every day, and we express our appreciation through various incentives, some of which are financial and others include activities that strengthen the bond that has already been established at the Bank."

The football tournament kicked off on Sunday October 10th at Al Ittihad School under the patronage of Mr. Hazem Yousef, Regional Manager of the Egyptian Arab Land Bank, as part of the EALBs ongoing efforts to strengthen ties with other financial institutions and organizations in Jordan. 

Background Information

Egyptian Arab Land Bank

On February 15, 1880, Khedive Tawfik issued a “Khedival Decree”, for the incorporation of a joint-stock company in the name of the (Egyptian Land Bank), which was concerned at the beginning with the contributing in the development of the agricultural sector, through offering loans to landlords.

The Bank maintained its role throughout the difficult and hard times that Egypt and the whole region underwent. It managed to shoulder its responsibilities and duties at all times and hence deserved its ample reputation and stature.

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