The New York Branch was established in June 1982 as a U. S. Federally Chartered Branch of the ABC Group, under the supervision of the Office of the Comptroller of the Currency. The Branch conducts wholesale banking activities and serves as a conduit for North American entities that have a business connection with the Middle East and North Africa (MENA) region.
The New York Branch is primarily focused on providing North American exporters and importers with clear solutions to their trade finance requirements with their MENA-based counterparties. ABC NY offers various trade finance products to its North American clients and utilizes the ABC Group’s presence and expertise in the MENA region to ensure high quality and efficient service. The New York Branch also provides its clients with traditional corporate banking facilities, such as revolving lines of credit and terms loans, and various treasury products, including US dollar time deposits.