Company Overview of Europe Arab Bank plc
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
Founded in 2005
Key Executives for Europe Arab Bank plc
Chief Executive Officer and Director
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
Jun 12 17
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
Mar 24 17
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
Mar 1 17
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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