Contact us | +971 4 3635663
Sponsored by   Mudabala
Middle East Business Information
 
Loading Loading ...
Fri, 09 Jan 2009 | 02:26 GMT

Arab Banking Corporation   (ABC.BSE)
Also known as: ABC
Sector | Industry
Financial Services | Commercial Banks
 
Country of Origin
Bahrain
Last Trade
0.920 USD
0.00%
 
 
 
 
 
 
 
 
 
 
 
 
Company Updated: Oct 28, 2008
 
Joint Stock
 
 
Provides conventional and Islamic commercial banking services including deposits, loans, and credit cards; investment banking services including corporate finance and investment advisory on mergers and acquisitions, initial public offering, underwriting; asset management including portfolio and fund management; securities and brokerage services.
1980
2,011 (Group)
Iraq
Tunisia
United States
 
Grand Cayman
 
 
UAE
Lebanon
Iran
 
Libya
Singapore
 
 
 
 
ABC 
Ordinary 
USD 
 
 Key Officers
Mohammed Hussein Layas
Chairman
Dr Hassan A Juma
President and Chief Executive Officer
 
 Contact Details
Address:
ABC Tower
Diplomatic Area
P.O. Box 5698
Manama
Bahrain
 
+973 17-543000
+973 17-533144
+973 17-533155
+973 17-533044
 
+973 17-533163
 
webmaster@arabbanking.com
 
www.arabbanking.com

 
  Latest Headline
Government support to ensure Gulf banks' growth  - Emirates Business 24/7
 
  Business Overview
Established in 1980 as an offshore Banking unit listed on the Bahrain Stock ExchangeBahrain Stock ExchangeLoading..., the Arab Banking Corporation (ABC) offers a wide range of banking products including trade finance and forfaiting, project and structured finance, syndications, corporate and institutional banking, treasury services, investment banking, Islamic banking and retail banking in the Arab world. ABC was purchased in 1981 by Kuwait's Ministry of Finance, the Libyan Secretariat of Treasury and the Abu Dhabi Investment AuthorityAbu Dhabi Investment AuthorityLoading....

ABC won the Gulf Investment Forum award for "Best regional financial institution" in 2002, the award for the "Best Corporate Bank in Bahrain" from Banker Middle East in 2004, and Bahrain's e-content award given by Bahrain's ministry of industry and commerce in 2005.

Following its plans to expand throughout the Middle East and North Africa (MENA) region, ABC established a subsidiaryin Iraq in late 2005 and was already providing trade finance services to several Iraqi government agencies and multinationals. Furthermore, as negotiations progress with the Libyan Central bank in regards to its outstanding operating license application there, ABC opened similar discussions with the Central bank of Syria in 2006. Moreover a representative office was inaugurated in Lebanon in 2006.
 
 
 Major Shareholders
This Requires Subscription
 Available to subscribers only. Information in this section includes Shareholder Names and their corresponding Holding Percentages. » More Details
 
  Organization Structure and Related Entities
Subsidiaries/Associates/Affiliates
 
Name  Country  Holding
ABC International Bank United Kingdom 100.00%
ABC Islamic Bank Bahrain 100.00%
ABC Securities [ABCS] Bahrain 100.00%
Arab Banking Corporation Tunisie Tunisia 100.00%
Arab Banking Corporation Egypt Egypt 93.00%
Arab Banking Corporation (Jordan) Jordan 87.00%
Banco ABC Brasil SA Brazil 84.00%
Arab Banking Corporation (Algeria) Algeria 70.00%
Arab Financial Services Company Bahrain 54.56%
Investments
 
Name  Country  Holding
Securities and Investment Company Bahrain 7.90%
International Investment Group Kuwait 5.63%
 
 
  Representatives
Auditors
 
Ernst and Young
 
 
 Summary Financials
This Requires Subscription
 Available to subscribers only. Information in this section includes key financials data such as Total Revenues, Net Profits, Totals Assets, Shareholder Equity, etc. » More Details
 
Company information provided by © 2009 ABQ Zawya Ltd.
 
    
 
 
 
 
 
Quote data provided by © TickerChart
Site is optimised for viewing at 1024 x 768 with Internet Explorer v6 and Firefox v1.5 and above.
Copyright © 2009 ABQ Zawya Ltd. All rights reserved. Please read our Membership Agreement