• 5 Pounds 1979, KM# 495, Egypt, 100th Anniversary of the Egyptian Arab Land Bank
  • 5 Pounds 1979, KM# 495, Egypt, 100th Anniversary of the Egyptian Arab Land Bank
Description

The Egyptian Arab Land Bank is the oldest bank in the region. On February 15, 1880, Khedive Tawfik issued a decree for the incorporation of a joint-stock company in the name of the Egyptian Land Bank, which was concerned at the beginning with the contribution in the development of the agricultural sector, through offering loans to landlords. The bank was renamed in 1954 and 199 to Arab Land Bank and Egyptian Arab Land Bank correspondingly.

Obverse

Depicts ancient Egyptian scribe behind him three oxen in the front of two men collecting wheat and below two men harvest wheat. Inscription "Egyptian Land Bank" below.

Scribes were people in ancient Egypt (usually men) who learned to read and write. Although experts believe that most scribes were men, there is evidence of some female doctors. These women would have been trained as scribes so that they could read medical texts.

البنك العقارى المصرى

Reverse

Legend "Arab Republic of Egypt" divides the denomination, dates (Hegira and Gregorian) and Inscription "Centenary of the Egyptian Land Bank", surrounded by a circle of Lotus flowers.

العيد المئوى للبنك العقارى المصرى
جمهورية
مصر العربية
١٣٩٩ خمسة جنيهات ١٩٧٩

Edge
Characteristics
Type Commemorative Issue (Non-circulating)
Material Gold
Fineness 0.875
Weight 26 g
Diameter 34 mm
Thickness -
Shape round
Alignment Medal
Mint
Cairo Mint

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