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Arab Banking Corporation (B.S.C.) ("ABC") was incorporated on 17th January 1980 by Amiri Decree in the Kingdom of Bahrain as an offshore banking unit with an authorised capital of US$1,000 million. By April 1981, an amount of US$750 million was fully paid by ABC's original three shareholders: the Ministry of Finance of Kuwait, the Libyan Secretariat of Treasury and the Abu Dhabi Investment Authority. At the end of 1989, ABC's authorised share capital was increased to US$1,500 million and in June 1990, paid-up capital was raised to US$1,000 million through an international share offering. The Bank's shares are listed on the Bahrain stock exchange. One of the reasons underlying ABC's formation was the recognition that, despite their established presence in international markets, Arab banks were restricted in the volume of their activities by their comparatively small capital structures. ABC's international network has been refocused on the development and support of Group activities in it's core domestic markets, principally through the key business lines of trade finance and project finance.

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