Arab Banking Corporation (B.S.C) (Cayman Islands)

Address

190 Elgin Avenue, KY1-1108, Grand Cayman, Cayman Islands

BIC

n/a

Overview

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.

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.

Services

global transaction banking

corporate treasury

financial markets

Islamic financial services

real estate financing

project finance

Clients

international clients only

Area Served

internationally

Ways to Bank

Arab Banking Corporation (B.S.C) delivered its products and services via indirect (offline) channels only, namely:

branch

Deposit Guarantee

Guarantee Fund

none

Protected Amount

0 KYD

Eligible Depositors

none

Covered Accounts

none

There is no deposit guarantee scheme in place for Arab Banking Corporation (B.S.C). It means that in the event of Arab Banking Corporation (B.S.C) failure its depositors will not receive any compensation or coverage.