About BACB

Established in London in June 1972, BACB is a wholesale bank and a leading provider of trade and project finance for Arab markets.

Based in the City of London,  the bank's largest single shareholder is HSBC Bank Middle East, a principal member of the HSBC Group.  BACB's other shareholders comprise central and state-owned commercial banks from the Arab world.

On 2 June 2009 the Bank changed its corporate status from that of a private to a public company.

LFB to acquire shares

Libyan Foreign Bank has agreed to acquire shares in BACB currently held by HSBC Bank Middle East.  It is expected that this transaction will be completed by the end of 2010.

Clean City Award 2010

BACB is pleased to announce that in January 2010 it was awarded the Platinum prize in the annual "Clean City" City of London awards for 2009. In January 2007 the bank was very proud to have been the overall winner in this competition. Some 1650 occupiers in the City of London take part in this scheme.

Shareholder Information

BACB Fact Sheet
Download Acrobat Reader

Further information on BACB can be downloaded by clicking the link below.

Regulation

Please click on the links below for further information:

Niche Markets

BACB transacts business in the Mediterranean Arab region and the Gulf countries, specialising in North Africa and the Levant.  Within these countries we have the ability to access a significant spread of names, including some less internationally well-known players.