British Arab Commercial Bank Plc

 (3.8; 13 ratings)
3.8 13
Business Focus
trade finance, treasury services

Established in 1972 in London, British Arab Commercial Bank (BACB) is a wholesale bank providing trade finance and treasury services with the focus on Africa and the Middle East.

Financials

Total Assets of British Arab Commercial Bank Plc
Annual_profit of British Arab Commercial Bank Plc
Market Share of British Arab Commercial Bank Plc
Total Assets (2018)
3,893.85 mln GBP  (+31.87%)
Annual Profit (2018)
-35,308,000.00 GBP

British Arab Commercial Bank Plc is the 58th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 3 893,85 mln GBP, providing the bank with the market share of 0.04%. In 2018 the bank's annual profit was -35,31 mln GBP.

Credit Ratings

Fitch: BB
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

British Arab Commercial Bank Plc is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BB (speculative).

Deposit Guarantee

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

British Arab Commercial Bank Plc participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme 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. British Arab Commercial Bank Plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

Contacts

8-10 Mansion House Place, EC4N 8BJ, London, United Kingdom
44 02076487777
44 02076003318

British Arab Commercial Bank Plc is headquartered in London.

Bank Identifiers

BIC (SWIFT)
BACMGB2LXXX
LEI
213800EF3SHQLBJPGB20
Company Number
01047302
MFI ID
GB0680

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
204564

British Arab Commercial Bank Plc is authorized and supervised by the Financial Conduct Authority (reference number 204564).

Bank History

Start Date
March 1972

Similar Banks

Arbuthnot Latham & Co Limited Logo Arbuthnot Latham & Co Limited
private and corporate banking
Bank of Beirut (UK) Ltd Logo Bank of Beirut (UK) Ltd
commercial and correspondent banking
C Hoare & Co Logo C Hoare & Co
offshore banking, wealth management
Cater Allen Limited Logo Cater Allen Limited
private banking

Banking Products in the United Kingdom

See Also

Related Articles