The Islamic International Rating Agency (IIRA) has reaffirmed the ratings of Bank ABC Islamic at A+(bh) (Single A Plus)/A1(bh) (A One) on the national scale (long term and short term respectively), and A- (Single A Minus)/A2 (A Two) on the int
Arab Banking Corporation (ABC) has announced that its consolidated group net profit for the first nine months of 2015 was $144 million, 27 per cent lower compared to a profit of $197 million reported for the same period last year.
Bahrain-based Bank ABC has announced it successfully closed a $125 million syndicated term loan facility on behalf of UAE-based United Arab Bank. Bank ABC was acting as the initial mandated lead arranger and bookrunner and the facility agent,
Turkey’s Yapı Kredi Leasing has closed a $106 million syndicated loan arranged by Bahrain-based Bank ABC and HSBC, it was announced yesterday. The two-year syndicated loan will be used by Yapi Kredi Leasing for general corporate and fina
Kuwait International Bank (KIB) has successfully closed a debut syndicated murabaha financing facility. A statement said Bahrain-based Bank ABC and Bank ABC Islamic acted as the initial mandated lead arrangers and co-ordinating banks for the f
Banco ABC Brasil has cloased a $200 million syndicated term loan facility, acting through its Cayman Islands Branch.
The facility was signed on August 18 and was arranged by Bank ABC, HSBC Securities and Nation
United Arab Bank has mandated Arab Banking Corporation (Bank ABC) as initial mandated lead arranger and bookrunner to arrange on its behalf a $125 million syndicated term loan facility.
The facility, which will
Bahrain-based Bank ABC said it has closed a $250 million syndicated term loan facility for Bank Sohar.
The three-year facility was signed on July 14 and will be used by Bank Sohar for general funding purposes, said a report in the
Qatar National Bank and Bahrain's Arab Bank Corp did not follow up early interest in acquiring HSBC's Turkish business because they are more interested in National Bank of Greece's Turkish arm Finansbank, two people familiar with the
Bahrain-based Bank ABC, HSBC Securities and National Bank of Abu Dhabi (NBAD) have been mandated to arrange a $150 million senior unsecured term loan facility for Banco ABC Brasil, a subsidiary of Bank ABC.
They were appointed as