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Arab Banking Corporation


 


Arab Banking Corporation (B.S.C.) ("ABC") is among the leading banking groups in the Middle East and North Africa. Headquartered in Manama, Kingdom of Bahrain, ABC operates as a conventional wholesale bank, and is listed on the Bahrain stock exchange. The major shareholders are Abu Dhabi Investment Authority, the Central Bank of Libya and Kuwait Investment Authority. 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.

As of December 31, 2007 ABC has a consolidated asset base of US$32.74 billion. The ABC network of branches, representative offices, subsidiaries and affiliates stretches around the world, including most principal international financial centres such as London, New York, Singapore, Milan, Paris and Frankfurt. ABC also has subsidiaries providing a wide range of retail services in Egypt, Jordan, Algeria and Tunisia.

In line with ABC's strategic vision, management has aimed to position the Bank as the "most innovative international Arab financial group." ABC's true strength lies in market leadership through innovation and leading banking practice. ABC's management has consciously sought to achieve and maintain the bank's role as the leading player in the Gulf and Middle East banking markets in recent years.

ABC's international depth and strategic relationships within the region allows it to maintain the leading franchise in its markets. The group has sought to build its practice beyond the traditional roles of regional banks and move into advanced high value-added activities, establishing itself as a regional leader with international experience.