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 in three segments: Corporate & Institutional Banking, Private Banking, and Treasury. It offers corporate banking services, such as multi-currency working capital, medium and long-term financing, industry expertise, and relationship and network banking services; and trade finance products, including bonds, guarantees, indemnities, forfaiting/end-user finance, letters of credit/discounting, bills of exchange/promissory notes, trade collections, and ECGD and ECA-supported finance. The company also provides project finance products comprising c...
13 - 15 Moorgate
London, EC2R 6AD
Founded in 2005
Samer Tamimi Resigns as Director of the Europe Arab Bank plc
May 11 15
Samer Tamimi resigned as a director of the Europe Arab Bank plc with effect from April 30, 2015.
Europe Arab Bank plc Reports Audited Earnings Results for the Year Ended December 31, 2014
Mar 30 15
Europe Arab Bank plc reported audited earnings results for the year ended December 31, 2014. Net interest and similar income was €33.9 million against €33.8 million last year. Adjusted operating income was €50.8 million against €54.8 million last year. Adjusted operating profit was €9.7 million against €17.1 million last year. Net profit before tax was €8.9 million against €2.3 million last year. Return on equity was 3% against 1% last year. Return on assets was 0.3% against 0% last year. Net operating income was €50.9 million against €55.4 million last year. Profit attributable to owners of the company was €8.8 million against €1.9 million last year. Net cash flows used in operating activities was €133.9 million against €1,188.0 million last year. Acquisition of property, plant & equipment was €0.2 million against €0.1 million last year.
Europe Arab Bank plc Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2013
Mar 6 14
Europe Arab Bank plc announced audited Consolidated earnings results for the year ended December 2013. For the year, the company's net interest and similar income was EUR 33,778,000 against EUR 33,907,000 a year ago. Net operating income was EUR 54,852,000 against EUR 38,457,000 a year ago. Profit before tax was EUR 2,272,000 against loss before tax of EUR 54,288,000 against a year ago. Profit for the year was EUR 1,650,000 against loss for the year of EUR 54,714,000 a year ago. Profit attributable to owners of the company was EUR 1,647,000 against loss attributable to the owners of the company of EUR 54,717,000 a year ago. Net cash inflows from operating activities was EUR 1,187,548,000 against net cash outflows from operating activities of EUR 98,692,000 a year ago. Adjusted operating income was EUR 54.3 million against EUR 58.5 million a year ago.