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.
Arab Banking Corporation (B.S.C) has Category B banking license number 82001 issued by the Cayman Islands Monetary Authority. This type of license allows Arab Banking Corporation (B.S.C) to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in the Cayman Islands: in the case of Arab Banking Corporation (B.S.C) failure its depositors will not get any compensation.
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
There is no deposit guarantee scheme in the Cayman Islands.
In the case of Arab Banking Corporation (B.S.C) failure its depositors will not be paid out any compensation.
Arab Banking Corporation (B.S.C) operates under the brand name ABC International Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries: