THE MIDDLE EAST’S
84. Bank ABC
Country: Bahrain
Sector: Banks & Financial Services
Group CEO: Sael Al Waary
Market Value: $951 million
Sales: $3.4 billion
Profits: $296 million
Assets: $43.9 billion
Bank ABC offers international wholesale banking services in 15 countries across the Middle East, North Africa, Europe, the Americas, and Asia. In March 2024, Bank ABC Egypt completed its merger with BLOM Bank Egypt, tripling its market share. In December 2023, Bank ABC and Yellow Door Energy signed a multi-million-dollar agreement to finance Majid Al Futtaim’s solar power projects in the U.A.E., Bahrain, and Oman. The Central Bank of Libya and the Kuwait Investment Authority are its major shareholders.