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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Thu December 10 2015 - Thu December 10 2015
UK Senior Managers Regime: What does it mean for you?

Events , ABA Events The ABA's latest technical seminar addressed the new 'Senior Managers Regime' (SMR) being implemented by the UK regulators. The SMR makes senior managers of banks personally responsible for their work and, potentially, personally liable for any failings that they, or those who report to them, make. UK banks, including branches and subsidiaries of overseas banks, must implement the Senior Managers Regime by March 2016. The seminar was sponsored by KPMG and Mishcon de Reya, with Simon Hills, from the British Bankers Association, providing an introduction and moderating the discussion. Gile...

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10/12/15  Middle East will Retain Market Share of Oil Exports in Asia, Amid Stiff Competition, says Apicorp

News Middle East countries will be able to retain their share of global oil exports to Asia – currently about 63% – but competition from other regions is increasing, according Apicorp's latest Energy Research Bulletin. Apicorp says that the although global oil trade patterns have been shifting for some years, because the centre of oil consumption growth has been moving to non-OECD countries from OECD countries, the recent sharp falli in US net oil imports has greatly accelerated this trend. Net US imports were 5.2mn b/d in August 2015, compared to 9.7mn b/d in 2010. This fall has be...

Thu December 10 2015 - Thu December 10 2015
Seminar on the Senior Management Regime

Events , ABA Events We wil be holding a seminar on the UK's Senior Management Regime (SME) on Thursday 10 December. The seminar wil be held at the Arab British Chamber of Commerce Building, 43 Upper Grosvenor Street, London W1K 2NJ. Doors will open at 6pm for a 6.30 start. The event will be sponsored by KPMG and Mishcon de Reya. Mr. Giles Adams, a Partner in KPMG's Regulatory Compliance Practice will address practical issues faced by international bank branches and subsidiaries in implementing the SMR. Mr. Adam Epstein, a Partner in the finance and banking group of Mishcon de Reya will address how senior m...

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23/11/15  Condolences on the death of Mr. Kazem Barakat

News Mr. Kazem Barakat, who died recently, established and led National Bank of Egypt's branch in London when it opened in 1982. He managed the transition of the branch into a UK-incorporate subsidiary in 1992 and was its Managing Director and Deputy Chairman until his retirement in October 2013. Mr. Barakat began his banking career in 1954 with Citibank in Cairo. He moved to National Bank of Egypt in 1961 and stayed there for 16 years, when he joined National Société Générale Bank in 1978. The Arab Bankers Association sends its condolences to Mr. Barakat's family, ...

Mon November 23 2015 - Mon November 23 2015
London Premier of Amin Dora's film Ghadi

Events , Partner Events Step Together, the Lebanese charity that works with children with special needs, will be showing Amin Dora's film Ghadi on Monday 23rd November at London's Institute of Contemporary Arts (ICA). The film was selected as Lebanon's entry for "Best Foreign Film" at the Academy Awards and this is its London premier. It is about a chld living in Lebanon who says he has special powers..but will his neighbours and friends believe him? Step Together is a school and vocational community for individuals with special needs based on the philosophy of Rudolf Steiner enabling every child and young adult...