Arab Bank
During the nationalization wave of the 1960s, Arab Bank lost a total of 25 branches. Following the Six-Day War in 1967, the bank closed its West Bank and Gaza branches. Although it closed branches in the Middle East, the bank continued to expand in other parts of the world. In 1961, the bank opened its first international location, becoming the first Arab financial institution to establish a presence in Switzerland. By 1964 Arab Bank Switzerland had locations in both Zürich and Geneva.