Tuesday 19 March 2024
 
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Arab Banking Corporation

Bahrain's Al Ezzel Power Company closes $243 finance deal

Al Ezzel Power Company, a key electricity supplier in Bahrain, today (October 6) celebrated the closing of a $243-million new financing facility.    This is a landmark achievement in the Bahrain infrastructu

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Bahrain's Al Ezzel Power Company closes $243 finance deal

Al Ezzel Power Company, a key electricity supplier in Bahrain, today (October 6) celebrated the closing of a $243-million new financing facility.    This is a landmark achievement in the Bahrain infrastructu

More…

Bahrain's Al Ezzel Power Company closes $243 finance deal

Al Ezzel Power Company, a key electricity supplier in Bahrain, today (October 6) celebrated the closing of a $243-million new financing facility.    This is a landmark achievement in the Bahrain infrastructu

More…

Bank ABC 2017 net profit up 6pc to $193m

Bahrain-based Bank ABC (Arab Banking Corporation) has posted consolidated net profit of $193 million for the year 2017 as against S$193 million profit reported for the previous year, marking an increase of 6 per cent. Net profit f

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ABC announces $96m net profit in H1

Bahrain-based Arab Banking Corporation (ABC) reported a consolidated group net profit of $96 million for the first half of 2015, 30 per cent lower compared to a profit of $137 million reported in the first half of last year. ABC a

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Arab Banking Corporation rebranded Bank ABC

Arab Banking Corporation (ABC) has revamped its corporate identity and changed its brand name to Bank ABC in time for its 35th anniversary celebrations. The change to a single, unifying global brand name and corporate i

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Arab Banking Corp Q1 profit hits $52m

Bahrain-based Arab Banking Corporation (ABC) announced today (April 30) that its consolidated Group net profit for the first quarter (Q1) of 2015 was $52 million, compared to profit of $71 million reported last year. The quarter w

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Bahraini bank ABC upsizes loan facility to $750m

Bahrain's Arab Banking (ABC) has signed to obtain a $750 million three-year loan facility from a group of banks, expanding the facility from an originally planned $500 million. The facility, to be arranged by HSBC, National Bank of

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Bahraini lender ABC names finance chief

Bahrain-based Arab Banking Corporation (ABC) said it has appointed Brendon Hopkins as group chief financial officer, who will replace the retiring incumbent Roy Gardner. The appointment of Hopkins, who spent 18 years at Standard C

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Arab Banking net profit up 27pc

Arab Banking Corporation (ABC) has reported a 27 per cent increase in consolidated net profit for the first quarter at $71 million, compared with $56 million registered in the first quarter of last year. The business volumes grew

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