Friday 19 December 2014
 
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ABC

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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IIRA reaffirms ABC Islamic Bank ratings

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

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ABC in $750m syndicated loan facility success

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

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ABC net profit surges 22pc to $137m

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

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AFS appoints new chairman

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

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ABC Algeria wins Global Finance award

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

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ABC cancels drama after Arab protest

America’s ABC Family network has pulled the plug on its planned “Alice of Arabia” drama series due to the criticism from many Arab and Muslim Americans and a number of organizations, a report said. The news surfa

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ABC group 9-month profits up 13pc

Arab Banking Corporation (ABC) today announced that its consolidated group net profit for the first nine months of 2013 was $178 million, a 13 per cent increase over the $158 million reported for the same period last year. Net profit fo

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