Arab Banking Corporation BSC operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Arab Banking Corporation BSC with three other
companies in this sector in Bahrain:
Bank of Bahrain and Kuwait BSC
(2018
sales of 233.91 million Bahranine Dinars [US$620.46 million]
of which 22%
was Investment & Treasury & Other),
Albaraka Banking Group BSC
(697.46 million Bahranine Dinars [US$1.85 billion]
of which 100%
was Banking & Related Activities), and
Ahli United Bank B.S.C.
(714.15 million Bahranine Dinars [US$1.89 billion]
of which 29%
was Corporate Banking).
Sales Analysis.
Arab Banking Corporation BSC reported sales of 620.33 million Bahranine Dinars (US$1.65 billion)
for the
year ending
December of 2018.
This
represents
a
decrease of 7.0%
versus 2017, when the company's sales were 666.91 million Bahranine Dinars.
Contributing to the drop in overall sales was the 29.5% decline
in Abc Brasil, from 139.11 million Bahranine Dinars to 98.11 million Bahranine Dinars.
There were also decreases in sales in
Mena Subsidiaries (down 2.9% to 60.37 million Bahranine Dinars)
.
However, these declines were partially offset by the increase in sales of
Commercial Banking and Corporate (up 6.8% to 90.56 million Bahranine Dinars)
and
Treasury (up 64.9% to 31.70 million Bahranine Dinars)
and
Other (up 23.8% to 27.55 million Bahranine Dinars)
.