Private Banking

Private Banking

Trusted around the world for generations.
Services and support tailored to meet individual needs.

OUR SERVICES

Accounts

All Current, Fixed Term Deposit, and Call Deposit accounts are available in any of the major currencies. Other currency requirements may also be accommodated. Our Current Account is a non-interest-bearing account for the receipt and payment of your funds. Money Market deposit accounts are also available, subject to status.

Real Estate

Non-Resident Regulated Mortgage

Mortgages are available to non-residents of France who wish to purchase properties in Paris and French Riviera for their personal use, that is, "Owner Occupied" residential property.

These are arranged on a one-to-one basis with your Relationship Manager to ensure that your individual requirements are considered from the outset. (Europe Arab Bank SA does not use mortgage intermediaries)

Loan to value: Up to 70% of the value of the property is typical.

Requirements: We offer repayment terms of up to 10 years renewable for another additional 10 years subject to bank approval.

Repayments are available at fixed 1, 3, 6 or 12 monthly periods. You may make partial repayments through the term with the final repayment at the end.

Loan Fees: There is a 1% arrangement fee. Other charges include legal, mortgage and valuation fees.

Buy-to- Let Mortgage

Residential Real Estate Lending for the MENA-based Clients wishing to acquire property in France (Paris and French Riviera).

  • Coverage and execution through a single point of contact
  • Funding solutions tailored to meet Clients' individual needs
  • Competitive Loan terms

Equity Release Loan

Equity release loan on Residential Real Estate against mortgage on the property already owned by a non-resident of France, and based on the current value of the property.

Same conditions of the Non-resident regulated mortgage applies.

Foreign Exchange Dealing

We offer commission-free transactions for account holders. All major and most Middle Eastern currencies are traded with other currencies available on request. Currencies are converted at spot and forward exchange rates. Limit orders and Stop Losses are acceptable order types. London based trading operates between 9am and 4.30pm UK time.

EAB Visa Debit Card

Our Visa Debit Card, with enhanced security via Chip and PIN technology and Verified by Visa for online transactions, gives you simple and secure access to your money worldwide. The services centre offers support 24 hours a day, seven days a week. Transactions are made in local currency but are converted into Euros at the prevailing exchange rate.

For more information about our services, please contact our Private Banking team.

MEET THE PRIVATE BANKING TEAM

Jad Raad photo

Jad Raad
Senior Private Banking Manager
+33 1 45 61 60 27

Walid Sekkineh photo

Walid Sekkineh
Private Banking Manager
+33 1 45 61 60 70

Arwa Al Aqeel photo

Arwa Al Aqeel
Senior Relationship Manager
+33 1 45 61 60 11

Mina Labib photo

Mina Labib
Relationship Manager
+33 1 45 61 60 46