The key role of 'Bahrain Head of Trade Finance' has been created at the head office from which we will develop and compliment our present Trade Finance business and create a platform from which to take us up to a new level.
Arab Banking Corporation is one of the longest established and most significant participants in the Trade Finance services marketplace, and over the last five or six years, it has made considerable progress in its speciality fields of asset creation, asset management and transaction structuring.
Under the matrix structure outlined - and which is being rolled out for other major product categories across the ABC Group - Amr El-Ashmawi, previously Regional Representative and General Manager of DF Deutsche Forfait AG - Bahrain Office, will Head the Trade Finance operations for the GCC region and thereby enhance the existing Trade Finance resources in ABCIB, London, which cover Europe, N. Africa, and the Levant. Further appointments are expected as new business initiatives are launched.
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ABC announces new co-ordinated approach to its Trade Finance Services business; Amr El-Ashmawi appointed Head of Trade Finance in Bahrain
- Bahrain: Sunday, April 25 - 2004 at 15:00
- PRESS RELEASE
Arab Banking Corporation announced today that it had made a strategic decision to expand still further the scope of its Trade Finance business going forward.
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Established in 1980, Arab Banking Corporation (B.S.C.) is a leading regional banking corporation that has a worldwide strategic network, with its head office in the Kingdom of Bahrain. The ABC Group has branch offices, subsidiaries and affiliates in international financial centres around the world. Its services include Project and Structured Finance, Financial Advisory, Capital Markets, Commercial Banking, Treasury, Islamic Banking and Retail Banking Products, Equity Guarantees, Credit Facilities Management and Syndicated Loans.
Posted by Anne-Birte Stensgaard, Senior News EditorSunday, April 25 - 2004 at 15:00 UAE local time (GMT+4)
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