Bank ABC-FAB secures a $250million syndicated term loan facility
Manama: Bank ABC (Arab Banking Corporation (B.S.C.)) and First Abu Dhabi Bank PJSC (FAB), acted as Joint Coordinators, Underwriters, Initial ...
Tag: Bank ABC
Bahrain’s Central Bank announces a major digital currency initiative
Manama: The Central Bank of Bahrain (CBB) has announced that it is collaborating with J P Morgan and Bank ABC ...
Bank ABC to acquire 94.4 per cent stake in Blom Bank Egypt
Manama: Arab Banking Corporation (B.S.C.) (Bank ABC) has said entered into an agreement with Blom Bank S.A.L. (Blom Bank Lebanon) ...
Bank ABC shareholders approve the payment of $93m cash dividend
MANAMA: The shareholders of the Bank ABC have approved the payment of cash dividend of $92.93million for the year 2018. ...
Bank ABC unveils its planned first digital employee
MANAMA: Participants of the 3rd Middle East and Africa FinTech Forum, which was held in Bahrain under the patronage of ...
Adoption of Fintech to revolutionise financial industry landscape
MANAMA: Governors of six Central Banks across the Arab region were among the regulators who joined the banking industry leadership ...
‘To be’ or ‘not to be’ has no place in future financial industry
MANAMA: Rapidly evolving technology has necessitated change in the mindset and quickly adopting the innovation in future banking in light ...
Bank ABC reports net profit of $202million in 2018
Manama: Bank ABC (Arab Banking Corporation B.S.C.) reported a consolidated net profit, attributable to the shareholders of the parent, for ...
Bank ABC shareholders approve $93.3m dividend
MANAMA: The shareholders of Bank ABC have approved the payment of dividend of $93.3m for the year 2017. During the ...
Bank ABC among the 1st in MENA to join consortium R3
MANAMA: Bahrain-based Bank ABC, MENA’s leading international banking group, has joined blockchain-inspired consortium headed by R3, a financial innovation firm, ...