Products and Services

At BACB we offer tailored finance facilities for Arab markets; for more information on any of our products and services, please click on a link below.

Treating Customers Fairly

BACB is dedicated to providing an excellent and fair service to all our customers. BACB endeavours to comply with the letter and spirit of regulatory requirements and codes of conduct where applicable including treating our customers fairly.

 

If you are unhappy with any services provided by BACB for any reason please do not hesitate to contact us and we will make all necessary enquiries and take suitable steps to resolve the matter. Your feedback is the quickest way to help us improve our service and products to meet your needs.



Spotlight: Bond Execution and Custody

BACB offers a bespoke bond execution and custody service structured around clients' preferences, for select wholesale clients.

We will offer competitive prices to:

  • Buy any available bond or other debt instrument at the request of our client and arrange settlement in accordance with market practice
  • Sell any debt security held in custody, at the clients' request, subject to there being a market for the security
  • Take and execute orders to buy or sell, enabling the client to deal at pre-chosen levels
  • Hold the security in custody
  • Provide regular portfolio statements to enable the client to monitor, value and reconcile their holdings
  • Manage ownership of the securities including coupon claims, and redemptions
  • Provide indicative valuations upon request

Hedging products can be tailored to specific holdings for clients wishing to convert fixed interest rate exposure to floating (or vice versa), or to hedge cross currency exposures.


Spotlight: Accelerated Payments

There is no need to wait for payment once you have shipped your goods.  BACB can provide L/C beneficiaries with a tailored discounting service for documents presented in conformity with a usance L/C issued or confirmed by us. Alternatively we may be prepared to discount bills of exchange or promissory notes issued in connection with open account or bill collection sales, subject to these instruments being issued or avalised by counterparties acceptable to BACB. 

We are an active participant in the London markets and so are well placed to offer prompt and competitive quotes in all major currencies and a growing number of Arab Mediterranean currencies in which we act as a market maker.

BACB-e internet banking