September 20, 2017 10:14 PM ET

Banks

Company Overview of Europe Arab Bank plc

Company Overview

Europe Arab Bank plc provides a range of banking and financial services in Europe, North America, the Middle East, and North Africa. The company operates through Corporate & Institutional Banking, Treasury, and Private Banking segments. It offers deposits and current accounts; loans; overdrafts; credit cards; funds transfer facilities; structured investment products; and offshore banking facilities. The company provides corporate banking services, such as multi-currency working capital, medium and long-term financing, and relationship and network banking services; and trade finance products, including bonds, guarantees, indemnities, forfaiting/end-user finance, letters of credit, discounting...

13 - 15 Moorgate

London,  EC2R 6AD

United Kingdom

Founded in 2005

131 Employees

Phone:

44 20 7315 8500

Fax:

44 20 7600 7620

Key Executives for Europe Arab Bank plc

Chief Executive Officer and Director
Chief Financial Officer
Head of Operations
Chief Risk Officer
Head of Credit
Age: 60
Compensation as of Fiscal Year 2017.

Europe Arab Bank plc Key Developments

Europe Arab Bank plc Presents at Global Trade Review UK Trade & Export Finance Conference 2017, Jun-15-2017

Europe Arab Bank plc Presents at Global Trade Review UK Trade & Export Finance Conference 2017, Jun-15-2017 . Venue: The Grange Tower Bridge Hotel, London, United Kingdom.

Europe Arab Bank plc Announces Resignation of David Somers as Director

Europe Arab Bank plc announced that David Somers resigned as a director of the company with effect from March 10, 2017.

Europe Arab Bank plc Reports Earnings Results for the Year Ended December 31, 2016

Europe Arab Bank plc reported earnings results for the year ended December 31, 2016. For the period, the company reported net interest and similar income of EUR 32.6 million against EUR 33.4 million a year ago due to reduced business activity in CIB as lower oil prices had their impact on economic activity, infrastructure spending and there demand for financing in the MENA region. Net operating income was EUR 49.7 million against EUR 52.3 million a year ago. Operating profit before impairment loss expense and tax expense was EUR 14.8 million against EUR 9.7 million a year ago. Underlying operating profit for the year before impairment loss expense and tax expense was EUR 14.8 million against EUR 12.4 million a year ago. Profit before tax was EUR 8.432 million against EUR 7.079 million a year ago. Profit for the year was EUR 8.878 million against EUR 7.369 million a year ago. Profit attributable to owners of the company was EUR 8.878 million against EUR 7.369 million a year ago. Net cash inflows from operating activities were EUR 333.16 million against EUR 580.837 million a year ago. Acquisition of property, plant and equipment was EUR 0.584 million against EUR 0.556 million a year ago.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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