Wednesday 27 May 2015
 
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ABC

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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Arab Banking Corporation approves 5pc cash dividend

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

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ABC Islamic Bank profit up 23pc to 15m

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

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ABC Jordan wins customer service award

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

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ABC Islamic Bank posts 25pc profit rise

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

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ABC posts $197m net profit, up 11pc

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

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