ArabianBusiness.com - Middle East Business News
Tuesday, 24 November 2009 11:44 UAE time

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Arab Banking Corporation

Main Category: Commercial Bank
First Address : PO Box 5698
City : Manama
Country : Bahrain
Phone: 973 17 543000
Fax: 973 17 533144
Email: webmaster@arabbanking.com
Website: www.arabbanking.com


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ALL STORIES LIST


Saudi Saad's sukuk investors mull setting up committee

Investors in troubled conglomerate look for representation at creditor meetings.

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Gulf corporate Islamic bonds to flow only in 2010

ABC Islamic Bank's MD says sluggish investor confidence set to keep market pricing high.

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Write-downs continue to impact Bahraini banks

Profitability forecast to be 'adequate' this year, says Fitch Ratings in annual report on sector.

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Bahrain's ABC to expand retail banking after losses

Intends to increase retail revenues to 30% from 5% 'over next few years', says chief exec.

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Saudi Kayan pens $6bn loan deal

Petrochemicals firm signs agreement with group of banks to part finance complex in Al-Jubail industrial zone.

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Subprime woes hit Arab Banking

Bahrain bank aims to raise $1bn in share sale after reporting second quarterly loss on risky US investments.

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Gulf banks to weather global storm

Solid regional development and ample shareholder liquidity to insulate regional lenders, says S&P.

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Subprime crisis hits more Gulf banks

Lenders forced to writedown additional $1.5bn due to exposure to mortgage-related investments.

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Gulf banks conceal subprime losses

Ratings agency Standard and Poor's warns lenders may be hiding shortfalls related to mortgage crisis.

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Arab Banking profit falls on US writedowns

Net income drops 38% as Bahraini lender hit by subprime mortgage crisis.

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Property riches

Arabian Business turns the spotlight on Industries Qatar, set to take the spotlight in the country's real estate sector.

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Bahrain lenders arrange $480mn debt facility

Financing for Damietta International Port Company to build Egypt port project.

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ABC gains Bahrain brokerage licence

Arab Banking Corporation (ABC)'s new subsidiary, ABC Securities, has obtained approval from the Central Bank of Bahrain to set up as a brokerage company, dealing in regional and global public equities.

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Storm hits Cayman Islands firms

Hurricane sweeps through offshore financial centre.

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Arab Banking Corp seeks $1 bn loan

Corporation's biggest loan to date will be used for general funding purposes, including refinancing.

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Funding approved for Bahraini plant expansion

The kingdom's Gulf Industrial Investment Company has secured $525.3 million from Arab Banking Corporation to expand its iron ore plant.

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Batelco secures expansion funds

Bahraini telecommunications service provider Batelco has secured a US$485million loan to fund its regional expansion plans, it announced last week.

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Euronet to manage ABC debit cards

Arab Banking Corporation agrees to outsource ATM and debit cards management to electronic payments provider.

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Industrial advancement in Bahrain

Over the past few weeks, Bahrain has revealed a number of significant developments that will encourage industrial growth in the kingdom.

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