The bank has 17 sister banks across Europe, Asia and Africa. The British Arab Commercial Bank PLC (BACB) is an international wholesale bank incorporated in the United Kingdom that is authorised by the Prudential Regulation Authority (PRA) and regulated by the PRA and the Financial Conduct Authority (FCA).It was founded in 1972 as UBAF Limited, adopted its current name in 1996, and registered as a public limited company in 2009. Financials.
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Europe Arab Bank is based at 13-15 Moorgate, London EC2R 6AD. Regulated in the UK, we have a truly international outlook and strive to make a real difference for our customers, wherever they operate. In 2009, Commercial Bank of Egypt sold its 8% stake. The bank also has sister banks in European countries, including Spain, Italy and France.
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Not all products and services mentioned in this website are regulated by … [6], "Paul Hartwell Chief Executive, BACB: 'Here's why we chose Abidjan, "BACB Seals "ground-breaking transaction" in Côte d'Ivoire", "BACB first commercial bank to fund Islamic banking customer Acier Longofer", http://africanbusinessmagazine.com/african-banker/british-arab-commercial-bank-bets-trade-finance/, https://en.wikipedia.org/w/index.php?title=British_Arab_Commercial_Bank&oldid=966549462, 1972 establishments in the United Kingdom, Articles with unsourced statements from October 2018, Creative Commons Attribution-ShareAlike License, BACB Abidjan, BACB Dubai, BACB Tripoli, BACB Algiers, First established in 1972 as UBAF Limited, Renamed British Arab Commercial Bank in 1996, This page was last edited on 7 July 2020, at 18:39. Bank: Arab National Bank Commonly used abbreviated bank name: Branch / Office: 47 Seymour St London W1A: BIC Code: ARNBGB2LXXX: CHAPS BIC Code: MIDLGB22XXX: Address: P O Box 24B, 35 Curzon Street, London, W1J, 7TT: Phone: 020 72974600: City: London: Country: Great Britain ( GB ) Money Transfer: Save on international money transfer fees by using … In 2010, HSBC sold its 49% shareholding to the Libyan Foreign Bank ("LFB"), a subsidiary of the Central Bank of Libya ("CBL"). Authorised and regulated by the Saudi Arabian Monetary Authority (SAMA) in the jurisdiction of the Kingdom of Saudi Arabia. The bank's total assets also came to £2.9 billion that same year. - Head Office Tel: 02073158500 1, Riyadh 12613-3536 In 2019 the bank's annual profit was 7,63 mln GBP.
The bank adopted the name British Arab Commercial Bank in 1996.
Long-term credit rating assigned to the bank by Fitch is BB (speculative). Authorised by the Prudential Regulation Authority. British Arab Commercial Bank Plc participates in the deposit guarantee scheme of the United Kingdom.
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