Ameen Alsanabani

CAC Bank

Cooperative & Agricultural Credit Bank (CAC Bank) is a state bank which was established in 1982 under a Presidential Decree No. 39. For the subsequent of 29 years, the bank served as a specialized lender for specific development sectors i.e. (Fisheries & Farmers). Since 2004, and under its new management, the bank supported by the government has extended its line of services to cover all commercial banking services for both corporate and retail customers. We are a national bank that offers corporate and retail banking services in addition to a special roles in the development of the agricultural and fishery sectors. Using high level of technology - applicable in the country- and the well trained employees we provide our clients full range of banking services. We aim at extending the banking services availability to areas previously deprived, so that to boost the growth of the local banking market. Applying international standards in all of the operations'​ aspects is our approach to achieve the highest level of our customers'​ satisfaction. Within only 7 years of commercial banking operations, the bank has reflected excellent performance indicator, and as revealed by the financial statements of 2010 the bank achieved the highest growth rate in the market in terms of customers deposits - more than 141%.