Arab Banking Corporation (Bank ABC) was established in 1980 in Bahrain. Bank ABC operates internationally as ABC International Bank and provides retail and corporate banking and Islamic finance services to its customers in the Middle East and North Africa (MENA), Europe, the Americas and Asia. The bank's major shareholders are the Central Bank of Libya and Kuwait Investment Authority.
In 2023, ABC INTERNATIONAL BANK PLC achieved the position of 107th largest bank in the United Kingdom with a market share of 0.01%; its total assets dropped by 55.65%.
Additionally, the bank became the 31st profitable bank in relation to its total assets showcasing 1.39% return on assets and 5.67% return on equity in 2023.
Also the lender held the 47th position regarging its loans-to-deposits (L/D) registering 86.95% L/D ratio in 2023.
Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in ABC INTERNATIONAL BANK PLC.
ABC INTERNATIONAL BANK PLC is the 107th largest bank in the United Kingdom in terms of total assets. In 2023 its total assets were 1 397,29 mln GBP, providing the bank with the market share of 0.01%. In 2023 the bank's annual profit was 31,61 mln GBP. ABC INTERNATIONAL BANK PLC had 215 employees in 2023.
ABC INTERNATIONAL BANK PLC participates in the deposit guarantee scheme of the United Kingdom which applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. ABC INTERNATIONAL BANK PLC is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
ABC INTERNATIONAL BANK PLC is headquartered in London.
ABC INTERNATIONAL BANK PLC is authorized and supervised by the Financial Conduct Authority (reference number 149025).