The shareholders of the Arab Banking Corporation (ABC) have approved a cash dividend distribution of five per cent of the issued share capital ($0.05 per share), amounting to $155.5 million.
The dividend was recommended by the ban
ABC Islamic Bank has posted a net profit of $15.1 million last year, a 23 per cent increase as compared to $12.2 million recorded in 2013.
The net profit for the fourth quarter was $3.6 million, 19 per cent higher than the same pe
Arab Banking Corporation Jordan, a subsidiary of Bahrain-based Arab Banking Corporation (ABC), has received a customer service award from Dubai-based Banker Middle East magazine.
ABC Jordan has won the award for 'Best Customer
ABC Islamic Bank has posted a new profit of $11.4 million for the first nine months of the year, an increase of 25 per cent as compared to the same period last year.
Its total operating income rose to $16.5 million, compared to $1
Arab Banking Corporation (ABC) has posted a net profit of $197 million for the first nine months of the year, up 11 per cent over $178 million for the same period last year.
The net profit for the third quarter was $60 million, ni
The Islamic International Rating Agency (IIRA) has reaffirmed the ratings of Bahrain-based ABC Islamic Bank at A+/A-1 on the national scale (long-term and short-term respectively), and A-/A-2 on the international scale with a 'Stable' ou
Arab Banking Corporation (ABC) has announced the successful closing of a $750 million syndicated term loan facility.
The initial mandated lead arrangers and bookrunners are HSBC Bank Middle East Limited, National Bank of Abu Dhabi
Bahrain-based Arab Banking Corporation (ABC) has reported a 22 per cent increase in consolidated net profit at $137 million for the first half of this year, compared with $112 million for the same period last year.
The net profit for th
Arab Financial Services (AFS), a leading provider of electronic payment and consumer finance outsourcing services in the region, has appointed Arab Banking Corporation’s executive vice president and group chief operating officer Sael Al
New York-based Global Finance magazine has named the Arab Banking Corporation-Algeria (ABCA) as the "Best Emerging Markets Bank in Algeria" for 2014.
ABCA is a subsidiary of the Bahrain-based Arab Banking Corporation Gro