Bank ABC (formerly Arab Banking Corporation) is an international bank headquartered in Bahrain in the Persian Gulf. Founded in 1980, it now operates on five continents and in 17 countries across the Middle East, Europe, North Africa, Asia and the Americas. The UK operation was founded in 1991 and is headquartered in London.
The Central Bank of Bahrain lists Bank ABC as a conventional wholesale bank.
ABC International Bank Products and Services
Bank ABC’s product portfolio comprises project, export and structured finance, treasury services, trade and community finance and Islamic financial services.
The trade finance arm of Bank ABC is described as a ‘one stop shop’ designed to minimise and mitigate risk and offer bespoke, tailored banking packages designed to meet customers’ every requirement. Services include commodity finance, receivables financing and documentary letters of credit.
The project structured finance team provides lending and advisory services to clients in diverse industries including shipping, mining, telecommunications, oil, gas and water. The focus is on clients from, and investments in, the Arab world.
Bank ABC also offers a range of Islamic financial services in commercial, corporate and investment banking. All these financial products are offered in a way that is consistent with Sharia law.
Bank ABC services are available both online and in branches across their international network.
ABC International Bank Security
Bank ABC offers customers several security procedures to keep their online bank accounts secure. On registration, new customers are sent an automatically generated numeric password via email; they then change this to their preferred password on first login. Customers cannot access their account unless their password has been changed.
Customers must also set a ‘unique word’ in order to reset forgotten passwords. Passwords expire automatically every three months and must be reset – this ensures that any lost passwords discovered after the fact will be invalid and cannot be used against a customer.
ABC International Bank Contact Details
Arab Banking Corporation House