Monday 21 April 2014
 
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Arab Banking

ABC names new president and CEO

The Arab Banking Corporation (ABC), Bahrain’s largest bank and a leading regional bank in the Middle East, has announced the appointment of Dr Khaled Kawan as president and chief executive of the ABC Group. Dr Kawan comes fr

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Arab Banking Corp inks $35.8m Kanoo deal

Bahrain-based Arab Banking Corporation (ABC) signed a $35.8 million loan deal with Yusuf bin Ahmed Kanoo Group of Companies for the financing of the Kanoo Tower in the Diplomatic Area of Manama. This is in line with an MoU signed between t

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ABC Islamic posts $6.6m profit for H1

Bahrain-based ABC Islamic Bank, a wholly owned subsidiary of Arab Banking Corporation, has posted a net profit of $6.6 million for the first six months of 2009. Net profit for the second quarter was $1 million compared to $5.6 million in t

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