Bank ABC Among Top 10 GCC Companies for 2017

Press release

Published February 4th, 2018 - 12:26 GMT

Bank ABC is a leading player in the region’s banking industry and provides innovative wholesale financial products and services.

Bahrain-based Bank ABC, MENA’s leading international bank, has been named among the top 10 GCC corporations by the Sharjah Chamber of Commerce and Industry, which announced last Wednesday the winners of the Sharjah Economic Excellence Network Awards, including the Top 10 GCC Businesses Awards.

The economic excellence awards recognise sound corporate governance, quality assurance, work ethics and sustainable development. The awards ceremony was held under the patronage of Crown Prince and Deputy Ruler of Sharjah, Sheikh Sultan Bin Mohammed Al Qasimi, on 31 January 2018 at the Sharjah Expo Centre.

More than 100 corporation and tens of business leaders from the GCC were nominated to the 2017 excellence awards. The selection criteria included measures related to business excellence, professional practices and social responsibility.

“This recent award is yet another confirmation that we are on the right path to providing our customers with a differentiated experience and creating value for our shareholders. We particularly welcome the recognition of our Bank, as an employer of choice and a committed contributor to our local community,” said Dr. Khaled Kawan, Group Chief Executive Officer.

“We thank the Sharjah Chamber of Commerce and Industry for their organisation of these awards, which promote excellence and achievement in the work place,” he added.

Bank ABC is a leading player in the region’s banking industry and provides innovative wholesale financial products and services that include corporate banking, trade finance, project and structured finance, syndications, treasury and financial markets products and Islamic banking. It also provides retail-banking services through its network of retail banks in Jordan, Egypt, Tunisia and Algeria.

Background Information

Bank ABC

Bank ABC (incorporated as Arab Banking Corporation B.S.C) is an international bank headquartered in Manama, Kingdom of Bahrain. Our network spreads across five continents, covering countries in the Middle East, North Africa, Europe, the Americas and Asia.

Bank ABC, founded in 1980, is listed on the Bahrain Bourse and our major shareholders are the Central Bank of Libya and Kuwait Investment Authority.

Bank ABC is a leading provider of Trade Finance, Treasury, Project & Structured Finance, Syndications, Corporate & Institutional Banking as well as Islamic Banking services. We are also expanding our retail banking network in the MENA region.

Bank ABC is licensed as a conventional wholesale bank by the Central Bank of Bahrain.