British Arab Commercial Bank
- British Arab Commercial Bank
Infobox_Company
company_name = British Arab Commercial Bank Limited
company_
company_type =
company_slogan =
foundation = 1972
location = London, England, UK
key_people = Andrew Dixon, Chairman
Michael Parr, CEO
num_employees =
industry = Finance
products = Financial Services
homepage = [http://www.bacb.co.uk/ www.bacb.co.uk]
revenue =
net_income = The British Arab Commercial Bank Limited (BACB) is a wholesale banking institution providing trade and project finance for Arab markets. Based in London, England, the bank’s largest single shareholder is HSBC Bank Middle East, a member of the HSBC Group. BACB’s other shareholders comprise central and state-owned commercial banks from the Arab world.
The bank was established on 1972 as UBAF Limited, Midland Bank was the largest single shareholder. It became an affiliate of the HSBC Group when Midland Bank was acquired by HSBC in 1992. The bank’s name was changed to UBAF Bank Limited on 4 January 1977, and to its current form on 4 March 1996.
ee also
*SABB
External links
* [http://www.bacb.co.uk/ BACB]
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