ABC INTERNATIONAL BANK PLC

Anna Mileiko Created by Anna Mileiko

ABC INTERNATIONAL BANK PLC Logo

Address

1-5 MOORGATE, EC2R 6AB, London, United Kingdom

BIC

ABCEGB2LXXX

Overview

Category

Commercial banks

Business Focus

corporate banking

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.

Performance

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.

Deposit Protection

Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in ABC INTERNATIONAL BANK PLC.

Services

global transaction banking
corporate treasury
financial markets
Islamic financial services
real estate financing
project finance

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Financials

Total Assets of ABC INTERNATIONAL BANK PLC
Annual_profit of ABC INTERNATIONAL BANK PLC
Market Share of ABC INTERNATIONAL BANK PLC
Total Assets (2023)
1,397.29 mln GBP   (-55.65%)
Annual Profit (2023)
31.61 mln GBP   (+43.24%)
Number of Employees (2023)
215   (+3.37%)

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.

Deposit Guarantee

Guarantee Fund
Financial Services Compensation Scheme (FSCS)Financial Services Compensation Scheme (FSCS)
Protected Amount
up to 85,000 GBP
Eligible Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

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.

See Also

Contacts

address1-5 MOORGATE, EC2R 6AB, London, United Kingdom
phone44 02077764000
fax44 02076069987

ABC INTERNATIONAL BANK PLC is headquartered in London.

See Also

Bank Identifiers

BIC (SWIFT)
ABCEGB2LXXX
LEI
PQEBSF10YW5QXWIKTJ21
Company Number
02564490
MFI ID
GB0025

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
149025

ABC INTERNATIONAL BANK PLC is authorized and supervised by the Financial Conduct Authority (reference number 149025).

Bank History

Start Date
December 1990
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