A message from the Chief Executive Officer

Welcome to the Arab Bankers’ Association!

We are an association of bankers and finance professionals who work in Arab financial markets. Most of our members, both corporate and individual, are based in the U.K. but a significant proportion are based outside. Nearly all of us have spent much of our professional lives living and working in the Arab world.

Our aims are simple: to foster improved relations, information sharing and understanding between the private and public sectors in the Arab world and the U.K. We achieve this through our programme of evening seminars and social events, through tailored events for individual members and their clients, and through personal interaction and introductions that are based on decades of business experience.

You will find more information about our work on the various pages of this website. For example, elsewhere on this page you can download a copy of our Annual Magazine; on the “Events” page you can download presentations given at recent evening seminars; and soon we will be adding a new page to our website -- “Arab Banking News” – where you will see a brief round-up of recent events that are relevant to our membership.

The “Join” page also contains a full list of member benefits.

This is an exciting time for Arab banks and their subsidiaries and affiliates in London. Gulf banks are looking to expand their international operations, banks in Egypt and other north African countries are finding their footing after the uncertainties of the Arab Spring, and debt issuance across the region is increasing.

London hosts the largest and most important banking community in Europe, so its not surprising that it is in London that many of the innovative new financial structures that are shaping Arab finance are designed and sold.

The ABA has been serving and promoting Arab banking in London for more than 30 years and we are as enthusiastic and committed to our mission today as we were on the day we were founded. If you are a member, I look forward to working alongside you in the months ahead. If you are not a member, I hope you will consider joining us.

George E. Kanaan Chief Executive Officer


Fri September 23 2016 - Fri September 23 2016
KPMG Briefs Corporate Members on CRS and New Tax Evasion Rules

Events , ABA Events Three senior executives from KPMG briefed ABA corporate members over lunch on the Common Reporting Standard (CRS) and the new corporate offence related to tax evasion.  Peter Grant, Director, Operational Taxes, at KPMG, explained that the requirements of the CRS are similar to those of the US Foreign Account Compliance Act (FATCA) and the the UK's Crown Dependencies and Overseas Territories (CDOT) rules. However, the scale of CRS is much greater than FATCA or CDOY since it extends to any bank customer who is tax resident in a 'reportable juristiction'. About 60 juristictions have agre...


26/09/16  Egypt's IMF Deal: What Chance of Success?

News On 11 August, Egypt and the IMF signed a staff level agreement under which the IMF will lend Egypt $12 billion over three years. The agreement has been seen as a significant achievement for the Egyptian government, removing the threat of a budgetary and foreign exchange crisis, committing Egypt to a programme of economic and fiscal reforms, and opening the way for additional financial aid from other sources.The Arab Bankers Association spoke to Hugh Miles the co-founder of the Cairo-based Al Shafie Miles business intelligence consultancy, about the terms of the IMF agreement and how it is ...

Mon October 10 2016 - Tue October 11 2016
ABANA Conference and Award Dinner

Events , Partner Events ABANA, the New York organisation for finance professionals with an interest in the Middle East and North Africa, will hold its Gala Dinner in New York on 10 October and a one-day conference on 11 October.  The Gala Dinner will honour Laurence Fink, the Chairman and CEO of Blackrock. Mr. Fink will be introduced by HE Anas Khalid al-Saleh, Kuwait's Deputy Prime Minister, Minister of Finance, and Acting Minister of Oil.The dinner will be held at the Pierre Hotel. ABANA's conference will also be held at the Pierre Hotel. Running from 7.45 until 2pm it will consider developments in the ME...


11/09/16  Eid Mubarak to our Members and their Families

News Eid al-Adha is the Muslim festival that marks the end of the pilgrimage season. It is the most important Muslim festival of the year. The Arab Bankers Association sends best wishes to its members and their families on this festive occasion. The image shows the Ka'ba, the building at the centre of the pilgrimage complex in Mecca. 


02/09/16  Annual Gala Dinner will be held on Thursday 27 October

Events , ABA Events The Association's Gala Dinner is the premier social event for London's Arab financial community and for those who work alongside Arab financial institutions. It attracts 250-300 guests. This year we will be honouring Mr. Saddek El-Kaber for his Distinguished Service to Arab Banking, both as Chairman of Bank-ABC and as Governor of the Central Bank of Libya. More details on the dinner, including ticket prices and how to book, are given on the Events tab of this website (right hand column).