Friday 31 July 2015
 
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ABC

Bank ABC in $250m million loan facility deal

Bahrain-based Bank ABC said it has closed a $250 million syndicated term loan facility for Bank Sohar. The three-year facility was signed on July 14 and will be used by Bank Sohar for general funding purposes, said a report in the

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QNB, Bahrain's ABC look at acquiring Turkey's Finansbank

Qatar National Bank and Bahrain's Arab Bank Corp did not follow up early interest in acquiring HSBC's Turkish business because they are more interested in National Bank of Greece's Turkish arm Finansbank, two people familiar with the

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Bahraini bank in $150m loan facility arranging deal

Bahrain-based Bank ABC, HSBC Securities and National Bank of Abu Dhabi (NBAD) have been mandated to arrange a $150 million senior unsecured term loan facility for Banco ABC Brasil, a subsidiary of Bank ABC. They were appointed as

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ABC wins ‘Best Bank in Bahrain’ award

Banker Middle East magazine awarded Arab Banking Corporation (ABC) the title of Best Bank in Bahrain during the magazine’s annual Industry Awards ceremony held in Dubai, UAE. The Banker Middle East Industry Awards are amongs

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Qatar, Bahrain banks among bidders for HSBC Turkey

Potential bidders for HSBC's Turkish business include ING Group, Qatar National Bank (QNB) and Bahrain-based Arab Banking Corp (ABC), people familiar with process said on Friday. Four sources said Dutch bank ING and Qatar Nati

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Arab Banking Corp finances key jet leasing transaction

Bahrain-based Arab Banking Corporation (ABC) has provided a financing facility to Oman Brunei Aviation Leasing Company (OBALC). The facility is for the purchase of two new B737-900ER aircraft leased to Oman Air, said a report in t

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Arab Banking Corp finances key jet leasing transaction

Bahrain-based Arab Banking Corporation (ABC) has provided a financing facility to Oman Brunei Aviation Leasing Company (OBALC). The facility is for the purchase of two new B737-900ER aircraft leased to Oman Air, said a report in t

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ABC Islamic Bank’s profit increases 75pc to $6m

ABC Islamic Bank has posted a net profit of $6.1 million for the first quarter of the year, a 75 per cent increase compared to the same period last year. High profile syndications and asset churn contributed to good growth in fee

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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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Key BIBF dealing room wins support from ABC

ABC has announced its sponsorship of an initiative by the Bahrain Institute of Banking and Finance (BIBF) to establish a simulation training dealing room at the institute. This is the first educational facility of its kind in the

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