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Capital Intelligence Ratings (CI) has affirmed the Long- and Short-Term Foreign Currency Ratings (FCRs) of Bank ABC (Arab Banking Corporation, Jordan) at 'BB-' and 'B', respectively on a negative outlook. Bank ABC's FCRs are constrained by the ratings
Bahrain-based Bank ABC Islamic has reported a net profit of $21million for the first nine months of 2017, 25 per cent higher than the net profit of $16.8 million recorded during the same period in 2016. Net profit for the third quarter was $5.9 million,
Bahrain-based Bank ABC has upgraded its office in the Lion City to a full-fledged branch. This reflects the commitment to customers in Singapore and Asia, the bank said. Bank ABC (Arab Banking Corporation) has had a representative office in Singapore