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Bank ABC

Bank ABC reports 5pc growth in net profit

Bank ABC (Arab Banking Corporation) reported a consolidated net profit, attributable to the shareholders of the parent, of $159 million for the first nine of 2018, a 5 per cent increase compared to $151 million reported for the same period in th

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Bank ABC appoints Group head of corporates

Bank ABC, a leading player in the region’s banking industry, has recently appointed Amr El Nokaly as Group head of Corporates at the bank’s headquarters in Bahrain.   Reporting to Jonathan Robinson, Group Head of W

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Bank ABC, AFS announce 3rd FinTech Forum

Bank ABC and AFS (Arab Financial Services) announced that the 3rd Middle East & Africa FinTech Forum, the region’s premier fintech conference, will be held at the Ritz Carlton Hotel in Bahrain on February 20 and 21, 2019.

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Bank ABC posts $113m H1 net profit

Bank ABC (Arab Banking Corporation) today announced a consolidated net profit for the first half of 2018, 11 per cent higher compared to $102 million for the same period the previous year.   Profit before taxatio

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Bank ABC Islamic posts H1 profit of $15.6m

Bank ABC Islamic today announced that its net profit for the first half of 2018 was $15.6 million, 3% higher than the net profit of $15.1 million reported in the first half of 2017.    Second quarter 2018 ne

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Bank ABC wins CBB nod for share price liquidity

Bank ABC, a leading player in the region’s banking industry, said it has obtained approval from the Central Bank of Bahrain (CBB) to appoint a market maker for enhancing the liquidity of its share trading on the Bahrain Bourse.

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Bank ABC announces key UAE appointment

Bahrain-based Bank ABC, a leading international financial group in the region, has announced the appointment of Ammar Khalil as the senior executive officer of the bank’s branch at the Dubai International Financial Centre. I

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Bank ABC names chief operating officer

Bank ABC, a leading player in the region’s banking industry, has appointed Alex Leenen, a financial industry veteran, as the Group Chief Operating Officer based at its head office in Bahrain.   In support o

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Bank ABC shareholders approve $93.3m dividend payment

Bank ABC shareholders today approved $93.3 million in dividend payment and a market making arrangement to support liquidity in ABC share price, at the bank’s annual general meeting.    Consolidated net

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Bank ABC to launch neobank

Bank ABC, a leading international bank headquartered in Bahrain, is planning to launch a neobank early 2019 and is working to get all the approvals from the Central bank of Bahrain (CBB), writes Abdulaziz Khattak.

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