Arab Banking Corporation B S C operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Arab Banking Corporation B S C with three other
companies in this sector in BAHRAIN :
Ahli United Bank B.S.C.
(2020
sales of 651.07 million Bahrainian Dinars [US$1.73 billion]
of which 24%
was Treasury & Investment),
Ithmaar Holding BSC
(219.53 million Bahrainian Dinars [US$582.31 million]
of which 41%
was Retail & Corporate Banking), and
Albaraka Banking Group BSC
(707.45 million Bahrainian Dinars [US$1.88 billion]
).
Sales Analysis.
During the second
quarter of 2021, sales at Arab Banking Corporation B S C totalled
90.10 million Bahrainian Dinars.
This is a drop of 27.9%
from the 124.90 million Bahrainian Dinars in sales at the company during the second quarter in 2020.
During the first two
quarters of 2021, sales totalled 223.18 million Bahrainian Dinars, which is
24.1% lower
than through the first two quarters of 2020.
Arab Banking Corporation B S C reported sales of 514.84 million Bahrainian Dinars (US$1.37 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 19.6%
versus 2019, when the company's sales were 640.52 million Bahrainian Dinars.
Contributing to the drop in overall sales was the 74.6% decline
in Other, from 23.75 million Bahrainian Dinars to 6.03 million Bahrainian Dinars.
There were also decreases in sales in
Commercial Banking and Corporate (down 5.6% to 62.61 million Bahrainian Dinars)
and
Abc Brasil (down 15.8% to 53.94 million Bahrainian Dinars)
.
However, these declines were partially offset by the increase in sales of
Mena Subsidiaries (up 3.5% to 45.64 million Bahrainian Dinars)
and
Treasury (up 84.3% to 26.40 million Bahrainian Dinars)
.