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


16/06/14  Oil Market Outlook: ABA Speaks to Bill Farren-Price

News Despite significant political turmoil in the Middle East, oil prices have remained remarkably stable over the last few years. Now, as tensions escalate in parts of Iraq and political instability continues in Libya, Bill Farren-Price, Founder and CEO of Petroleum Policy Intelligence, considers the outlook for oil supply and prices for the second half of 2014.   Arab Bankers Association: OPEC oil ministers meeting in Vienna on 11 June took just two hours to agree to roll over the group’s current production ceiling of 30mn b/d. But the situation in Iraq and Libya – two impo...


13/06/14  Photos from Ghassan Hasbani's Book Signing

Events , ABA Events Ghassan Hasbani signed copies of his new book, "Life Outside the Cave", at a reception organised by the Arab Bankers Association (ABA) and the British Lebanese Association (BLA) on 10 June.  George Kanaan, CEO of the ABA and Sir David Richmond, Chairman of the BLA, gave opening remarks. Ghassan Hasbani then spoke about, "Scenarios for 2030: Lebanon and the Middle East in a changing world". Following a lively discussion and question and answer session, participants enjoyed a buffet dinner.  Mr. Hasbani was until recently the CEO of Saudi Telecom International and now runs his own...


02/06/14  Developing GCC Fixed Income Markets: Interview with Michael Grifferty

News The development of fixed income finance is one of the biggest challenges facing financial markets in the GCC and progress will be essential if financial markets are to move forward. There are encouraging signs: issuance and trading, both of conventional bonds and of sukuk, is increasing; new issuers are coming to market; and some efforts to harmonise national regulations are being made. The Gulf Bond and Sukuk Association (GBSA) was founded in 2010 to promote fixed income markets in the region. The Arab Bankers Association spoke to the GBSA's President, Michael Grifferty, about recent dev...


28/05/14  Barwa Bank's Steve Troop on the UK's First Sovereign Sukuk

News Please go to the "Banking News" page to read Steve Troop's article about the UK Sukuk Issue.


27/05/14  Dealing with Regulatory Change: ABA Seminar 22 May

Events , ABA Events "Corporate Governance", "Conduct Risk and Financial Crime" and the UK regulators' growing use of "attestations" were the three topics covered during the ABA's expert seminar on on-going regulatory change on 22 May.  Addressing the issue of Corporate Governance, FTI's Senior Managing Director, Jeannette Lichner, described the governance requirements that are applied to banks in the FCA's Handbook, referencing the specific SYSC (Senior Management Arrangements, Systems & Controls) numbers that apply to bank governance. She then explained the "Approved Persons" regime and the current ...