Arab Banking Corporation (Bank ABC)
Top 50 Banks in The Middle East

Rank: 42

Arab Banking Corporation (Bank ABC)

Date of Establishment: 1980
Country: Bahrain
Group CEO: Khaled Kawan

Sales: $1.3 billion

Profits: $-75 million


Assets: $30.4 billion

Market Value: $898.9 million

Bank ABC is present across 15 countries in the Middle East, Europe, North America, Latin America, and Asia. Its major shareholders are the Central Bank of Libya and the Kuwait Investment Authority. It is the second-largest listed Bahraini company by assets, worth $30.4 billion. In January 2021, Bank ABC entered into an agreement to acquire a 99.4% stake in BLOM Bank Egypt, which values BLOM Bank Egypt at $427.5 million.