Arab Bank’s presence in the Asia Pacific region started more than 3.5 decades ago as part of its vast international network with over 600 branches spanning five contents.
Arab Bank was one of the first Arab banking institutions to have a footprint in Asia in line with the Bank’s strategy to expand its network.
Singapore is an important financial center and a trade hub. It is preferred by Ultra- high net worth individuals and families as a jurisdiction to manage their wealth due to its political stability, high level of transparency and standards of governance with a robust legal and judicial framework. Prominent multinational family offices are increasingly exploring the city state as a gateway to access Asian investments. To support the growth of family offices the country has established networks and platforms for family offices networking, communication and exchange of ideas.
Shanghai ranks among the most competitive financial centers world wide and an important portion of China’s trade financing is handled through the city.
The Bank operates in Singapore through a Wholesale Banking License which facilitates cross border dealings worldwide, and has a branch in Shanghai focusing on China related business; in addition it has a representative office in South Korea.
Through its presence in the Asia Pacific region, Arab Bank supports high net worth individuals deposits and provides diversified and integrated banking and financing solutions to its corporate clients and financial institutions to cater to the needs of Asian companies interested in doing business and trade finance in the MENA region, where Arab Bank is considered a major regional player. At the same time, Arab Bank recognizes that Asia represents a strategic region to MENA Corporates especially when it comes to bilateral trade and capitalizing on the export-led capabilities offered by Asian markets. Arab Bank plays a key role in facilitating the importing and expansion requirements of its clients into Asian markets.
The main services offered by Arab Bank entail:
Corporate Lending and Contract Financing:
Offering specialized lending solutions designed to support corporates and contractors executing business in MENA. Products include:
- Inward/Outward Letters of Guarantee such as Bid/Performance/Advance Payment/Retention and Warranty Guarantees on behalf of Asian contractors implementing projects in the MENA countries of presence.
- Working capital facilities in local and/or foreign currency as necessary.
- FX & hedging facilities.
Trade Finance Solutions:
- Import/ Export Letters of Credit
- Inward/ Outward Letters of Guarantees
- Inward/ Outward Collections
- Pre-import and / or post export financing
- FX and interest rate hedging
Customers Deposits and Treasury Services
Offering a broad range of products for its clients covering deposits and hedging their foreign exchange and interest rates in major currencies.
Global Network
Corporate services are available across Arab Bank global network of more than 600 branches, spanning five continents. Through designated service desks and relationship managers, Arab Bank is committed to service quality of the highest standards across all branches, locally and internationally.
Corporate Digital Offering
Through Arab Bank’s corporate online platform “ArabiConnect”, our Singapore branch clients maintain a secure, fast and remote access to real-time balances and account information, and effective management of their accounts and business transactions including trade finance transactions.
Contact details:
- Singapore Branch:
3 Fraser Street
#10-21 DUO Tower
Singapore 189352
Phone number: +65 65308800 - Shanghai Branch:
4505-4507 Two IFC
No. 8 Century Avenue
Pudong Shanghai
P.R. China 200120
Phone +86 21 61607700 - South Korea Representative Office:
Seoul Square Building, 5th Floor
416 Hangang-daero
Jung-gu Seoul
04637, South Korea
Phone +82 27754291