A message from the Chief Executive Officer

Welcome to the Arab Bankers’ Association!

We are an association of bankers and finance professionals who work in Arab financial markets. Most of our members, both corporate and individual, are based in the U.K. but a significant proportion are based outside. Nearly all of us have spent much of our professional lives living and working in the Arab world.

Our aims are simple: to foster improved relations, information sharing and understanding between the private and public sectors in the Arab world and the U.K. We achieve this through our programme of evening seminars and social events, through tailored events for individual members and their clients, and through personal interaction and introductions that are based on decades of business experience.

You will find more information about our work on the various pages of this website. For example, elsewhere on this page you can download a copy of our Annual Magazine; on the “Events” page you can download presentations given at recent evening seminars; and soon we will be adding a new page to our website -- “Arab Banking News” – where you will see a brief round-up of recent events that are relevant to our membership.

The “Join” page also contains a full list of member benefits.

This is an exciting time for Arab banks and their subsidiaries and affiliates in London. Gulf banks are looking to expand their international operations, banks in Egypt and other north African countries are finding their footing after the uncertainties of the Arab Spring, and debt issuance across the region is increasing.

London hosts the largest and most important banking community in Europe, so its not surprising that it is in London that many of the innovative new financial structures that are shaping Arab finance are designed and sold.

The ABA has been serving and promoting Arab banking in London for more than 30 years and we are as enthusiastic and committed to our mission today as we were on the day we were founded. If you are a member, I look forward to working alongside you in the months ahead. If you are not a member, I hope you will consider joining us.

George E. Kanaan Chief Executive Officer

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Wed March 19 2014 - Wed March 19 2014
Evening Seminar on Gold and FX

Events , ABA Events The World Gold Council and HSBC will sponsor an evening seminar on the Gold and Foreign Exchange markets on 19 March. The event will be held at the ABA's offices in Upper Grosvenor Street and will start promptly at 6pm. The seminar will end around 7.30 after which a buffet dinner will be served. Both ABA Members and their friends are welcome to attend free of charge. For reservations please contact Mr. Joumana Karam, the ABA's Business Development Officer on 020 7659 4889 or by email at jkaram@arab-bankers.co.uk   Speakers will include: Mr. Marcus Grubb: Managing Director -- Inve...

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Wed December 4 2013 - Wed December 4 2013
High Level Briefing on New Banking Regulations

Events , ABA Events Government officials and experts from KPMG provided with a high level briefing on the new regulations and supervisory practices affecting U.K. banks, and in particular the London-branches of overseas banks, at an evening seminar on 4 December. The briefing was led by Mr. Patrick Young, the Lead Associate at the U.K. Prudential Regulation Authority (PRA) responsible for overseeing banks from the MENA region operating in London. He was followed by two partners from KPMG who summarised the key advice that they give to firms on how to most effectively interact with regulators. Simon Hills, Exe...

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14/02/14  ABA Iftar at Maroush Gardens

Events , ABA Events Over a hundred members and friends of the Arab Bankers Association braved a heat-wave in London to celebrate Ramadan at the Association’s annual Iftar dinner. The event was held at the Maroush Gardens restaurant in London’s West End and was sponsored by Abu Dhabi Islamic Bank. The Iftar is one of three regular social events that the Association holds during the course of the year in addition to its business-focussed seminars. The other social events are the Annual Dinner, usually held at the end of October, and the Christmas reception.

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14/02/14  Sparkling Line-up for ABA Energy Seminar

Events , ABA Events An extra-ordinary group of speakers led the ABA’s energy seminar, held on 10 October. Entitled, “Geopolitical Implications of the Emergence of Non-Conventional Oil and Gas, and the Changing Energy Scene in the Middle East”, the Seminar was opened by Mr. Adnan al-Janabi the Chairman of the Iraqi parliament’s Oil and Energy Committee. Mr. Janabi was followed by Dr. Fadhil Chalabi, the former Acting Secretary General of OPEC, and Dr. Luay El Khateeb, the Executive Director of the Iraq Energy Institute. They were followed by Dr. Carole Nakhle, the renowned energy econom...

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14/02/14  Al-Rajhi Ranked At "Safest Islamic Bank" in the GCC

News New York-based Global Finance Magazine has published a ranking of safest Islamic banks in the GCC based on credit ratings assigned by Fitch, Moody's and S&P. Al-Rajhi tops the list, based on its A+ ratings from all three agencies. Abu Dhabi-based Al-Hilal Bank ranks second, with A+ ratings from Fitch and Moody's (the bank is not rated by S&P). In third place is Kuwait Finance House, with has A+ ratings from Fitch and Moody's, but an A- from S&P. Global Finance Magazine identifies 25 wholly Islamic banks in the GCC, representing about one third of all active commercial banks. Ni...