No. 27



ABC Expands In Tunisia And Is Ranked Fifth In Middle East Forex Survey

Arab Banking Corporation (ABC) on 22 June opened an offshore commercial bank in Tunisia as part of its expansion campaign in North Africa, according to an ABC spokesperson. The new bank, to be named ABC Tunisia, has a paid-up capital of TD18mn ($16mn). A branch network will be established to cover Tunisias main cities, and, according to Ezzedine Saidine, founder and chief executive officer...