Founded 1982 | ||
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Profiles | ||
Arab Tunisian Bank (ATB) (Arabic: البنك العربي لتونس), a Tunisian commercial bank, was created on June 30, 1982 by the integration of a branch of the Arab Bank Tunis with Tunisian individuals. Its mission was contribution to the economic and financial development of the country.
History
Tunisia's first President, Habib Bourguiba, was helped by Abdul Hameed Shoman, the founder of the Arab Bank Group in his combat against French colonization. In 1952, Bourguiba permitted Shoman to open an Arab bank branch in Tunisia, as Arab Bank-Tunis. In 1982, Arab Bank changed to Arab Tunisian Bank.
In 2008, the General Assembly decided to grow the bank capital from 60 million dinars to 100 million dinars within two years. They have increased the capital of the bank to 80 million in 2008 as a first step.
Today, ATB has a network of 103 branches and 12 subsidiaries.