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26:
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285:. At the end of 1989, ABC's authorised share capital was increased to US$ 1.50 billion and in June 1990, paid-up capital was raised to US$ 1.00 billion through an international share offering. In June 2006, ABC's shares were split 10 for 1 in order to boost trading activities by placing them in the same range as other shares quoted on the Bahrain Bourse.
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offering to existing shareholders. Another
Extraordinary General Meeting was held on January 28, 2010, to approve an increase in the authorized capital from US$ 2.5 billion to US$ 3.5 billion and an increase in issued and paid up capital from US$ 2.0 billion to US$ 3.11 billion by way of a priority rights share offering to existing shareholders.
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across the Bank's global network spanning 18 countries in the Middle East and North Africa (MENA), Europe, the
Americas and Asia (with the exception of its subsidiary in Brazil, which will keep its own identity as Banco ABC Brasil). The legal names of the Arab Banking Corporation and its subsidiaries did not change.
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In March 2022, during the EGM, Bank ABC obtained the shareholders' approval for an issuance of US$ 390 million in AT1 securities, which will increase the Bank's Tier 1 capital ratio by approximately 130 basis points, taking it back above 17%. Additionally, the Bank obtained the shareholders' approval
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In June 2015 Arab
Banking Corporation revamped its corporate identity and changed its brand name to Bank ABC. The bank's new identity launch coincides with the commemoration of its 35th anniversary. The change to a single, unifying global brand name and corporate identity took effect on 15 June 2015
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At an
Extraordinary General Meeting held in April 2008, ABC's shareholders approved an increase in the authorized capital of the bank from US$ 1.5 billion to US$ 2.5 billion and an increase in issued and paid up capital from US$ 1.0 billion to US$ 2.0 billion by way of a priority rights share
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281:(whose shares have since been transferred to the Kuwait Investment Authority), the Libyan Secretariat of Treasury (whose shares were later transferred to the Central Bank of Libya) and the
266:(40.63%). Its network spreads across 17 countries in the Middle East and North Africa (MENA), Europe, the Americas and Asia. It is expanding its retail banking network in the MENA region.
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682:
378:
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536:
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616:
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Bank ABC is a provider of trade finance, treasury, project and structured finance, syndication, corporate and institutional banking as well as
Islamic banking services.
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531:
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In
December 2010, the Central Bank of Libya acquired the 17.72% shareholding of Abu Dhabi Investment Authority in ABC, increasing its stake to 59.37%.
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400:
596:
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451:
352:
672:
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556:
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By April 1981, US$ 750 million had been fully paid by Bank ABC's original three shareholders: the
Ministry of Finance of
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246:. It was incorporated as a joint stock company in 1980 through a special decree by the
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141:
626:
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on 7 April 1980, and began operations in the same month. The bank is listed on the
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to increase its authorized share capital from US$ 3.5 billion to US$ 4.5 billion.
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250:. It obtained an offshore banking unit licence from the
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678:Companies listed on the Amman Stock Exchange
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355:. Arab Banking Corporation. Archived from
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673:Bahraini companies established in 1980
663:Companies listed on the Bahrain Bourse
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462:Bah. Ship Repairing & Engineering
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258:and its major shareholders are the
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632:United Gulf Investment Corporation
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622:General Trading & Food Proc.
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158:
157:
507:Bahrain Mari. & Mer. Inter.
537:Bahrain Duty Free Shop Complex
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283:Abu Dhabi Investment Authority
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617:Takaful International Company
477:Bahrain Commercial Facilities
374:ABC Official website (Global)
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37:Bahraini Shareholding Company
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502:Bahrain Kuwait Insurance Co
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264:Kuwait Investment Authority
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699:
542:Esterad Investment Company
467:Bahrain Telecommunications
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668:Companies based in Manama
653:Banks established in 1980
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238:with headquarters in the
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587:National Bank of Bahrain
572:Khaleeji Commercial Bank
512:Bahrain National Holding
497:Bahrain Kuwait Insurance
432:Arab Banking Corporation
333:List of banks in Bahrain
228:Arab Banking Corporation
517:The Bahraini Saudi Bank
457:Al Baraka Banking Group
417:Bahrain All Share Index
252:Bahrain Monetary Agency
127:International wholesale
547:Bahrain Family Leisure
421:Bahrain Stock Exchange
353:"Financial Statements"
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234:) is an international
108:Saddek Omar El Kaber (
76:; 44 years ago
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260:Central Bank of Libya
74:January 17, 1980
577:Kuwait Finance House
492:Bahrain Islamic Bank
442:Arab Insurance Group
185:256.0 million (2014)
165:888.0 million (2014)
482:Bahrain Flour Mills
205:29.4 billion (2014)
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552:Gulf Finance House
437:Al-Ahlia Insurance
419:companies of the
308:
130:Commercial banking
18:
640:
639:
225:
224:
142:Corporate finance
134:Universal banking
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658:Banks of Bahrain
627:United Gulf Bank
582:Nass Corporation
532:Bahrain Car Park
487:Gulf Hotel Group
447:Ahli United Bank
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359:on 23 June 2015.
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607:Seef Properties
592:National Hotels
562:Investcorp Bank
522:Bahrain Tourism
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248:Amir of Bahrain
240:Diplomatic Area
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146:Islamic banking
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114:Sael Al Waary (
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597:Delmon Poultry
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527:Bahrain Cinema
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452:Banader Hotels
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368:External links
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256:Bahrain Bourse
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138:Retail banking
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602:Al Salam Bank
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262:(59.37%) and
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230:(also called
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567:Ithmaar Bank
357:the original
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325:Banks portal
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192:Total assets
89:Headquarters
33:Company type
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242:of Manama,
647:Categories
339:References
172:Net income
104:Key people
81:1980-01-17
612:TAIB Bank
217:.bank-abc
45:Traded as
311:See also
232:Bank ABC
149:Treasury
124:Products
110:Chairman
61:Industry
19:Bank ABC
557:INOVEST
273:History
244:Bahrain
210:Website
154:Revenue
97:Bahrain
79: (
71:Founded
65:Banking
279:Kuwait
93:Manama
236:bank
219:.com
203:US$
183:US$
163:US$
116:GCEO
51:BHSE
472:BBK
215:www
55:ABC
649::
95:,
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53::
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