Wednesday 19 June 2013
 
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Arab Banking Corp wins trade finance honour

Bahrain-based Arab Banking Corporation (ABC) was recently named the “Best Trade Finance Bank in Bahrain for the year 2013” by New York’s Global Finance magazine. The magazine has selected the best trade finance b

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Arab Banking Corp posts $56m Q1 profit

Bahrain-based Arab Banking Corporation (ABC) has announced that its consolidated group net profit for the first quarter of 2013 was $56 million, 4 per cent higher than the profit of $54 million reported in the first quarter of last year.

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Top Lebanese retailer plans $200m project

ABC, a leading retailer in the Middle East, has joined hands with Verdun 1544 Holding, a part of the top Lebanese real estate group BahaaRaficHariri, to launch a $200 million retail development project,‘ABC Verdun,’ in Beirut.

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ABC Q3 profit up 29pc to $53 million

  Arab Banking Corporation (ABC) posted a group net profit of $53 million for the third quarter of this year, a 29 per cent increase over the same period last year.   The bank had achieved a net pro

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ABC appoints Moody's Analytics as training partner

  Moody"s Analytics has been appointed by Arab Banking Corporation (ABC) as their strategic training partner to help establish a unified and rigorous credit culture across the entire ABC global organization. 

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ABC Q1 profit up 13pc to $54m

Arab Banking Corporation (ABC) today announced that its consolidated group net profit for the first quarter increased 13 per cent to $54 million. Operating revenues rose to $214 million, a 9 per cent growth over the first quarter of last y

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Arab Banking Corp 2011 net profit soars 43pc

Bahrain-based Arab Banking Corporation (ABC) has registered a consolidated group net profit of $204 million for 2011, 43 per cent higher than 2010. The surge was achieved despite the challenges from unprecedented adverse politica

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Arab Banking Corp names new chairman

Bahrain-based Arab Banking Corporation (ABC) has announced the appointment of Central Bank of Libya governor Saddek El Kaber as chairman of its board. El Kaber, prior to his appointment as the Central Bank of Libya governor in September, w

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'Deperate Housewives' shutting down in May 2012

“Desperate Housewives'' will wrap up its run after eight seasons, TheWrap has confirmed. Viewers will be forced to bid farewell to Wisteria Lane in May 2012, according to an individual with knowledge of the situation. The end of th

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ABC profit jumps 55pc to $116m in H1

Arab Banking Corporation today announced that its consolidated group net profit for the first half-year of 2011 increased 55 per cent to $116 million, compared to the same period last year. Net profit for the second quarter was $68 millio

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