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 :
Albaraka Banking Group BSC
(2020
sales of 707.45 million Bahrainian Dinars [US$1.88 billion]
),
Ahli United Bank B.S.C.
(651.07 million Bahrainian Dinars [US$1.73 billion]
of which 24%
was Treasury & Investment), and
Ithmaar Holding BSC
(219.53 million Bahrainian Dinars [US$582.31 million]
of which 41%
was Retail & Corporate Banking).
Sales Analysis.
During the first
quarter of 2021, sales at Arab Banking Corporation BSC totalled
126.30 million Bahrainian Dinars.
This is a drop of 25.3%
from the 169.04 million Bahrainian Dinars in sales at the company during the first quarter in 2020.
Arab Banking Corporation BSC 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)
.