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Capital Intelligence affirms ABC rating at ‘BBB’

Capital Intelligence affirms ABC rating at ‘BBB’
Arab Banking Corporation
Bank ABC
ABC
0.57% 0.35 0.00

Bahrain-Mubasher: The Capital Intelligence has affirmed the financial strength rating of Arab Banking Corporation (ABC) at ‘BBB’.  

Net earnings for the fiscal year 2014 reached $318 million (BHD 120.713 million), compared with $297 million (BHD 112.741 million) a year earlier.

ABC operates with $3,110 billion capital at a par value of $1 a share.