EALB was established in 1880 and its main focus was the development of the agricultural sector, through offering loans to landlords and promoting the Egyptian economy.
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.
In its third session, held in March, 1946, the Arab League issued a decree for the incorporation of the (Arab Land Bank), pursuant to the Egyptian Royal Decree, in the name of the (Arab Land Company). The Royal Decree determined the objectives of that Company, to the effect of establishing it in Palestine to support the Palestinians and lend them to purchase agricultural requisites for the reclamation of their lands.
On June 13, 1999, a Decree was adopted by the Cabinet of Egypt, to the effect of merging the (Egyptian Land Bank) in the (Arab Land Bank). The total of the Bank’s assets after merging reached more than 11 billion Egyptian Pounds (i.e. 3.2 billion US Dollars approximately)
