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Developing Our Business Focus ABC’S Vision

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Developing Our Business Focus ABC’S Vision Arab Banking Corporation Group Annual Report 2000 developing our business focus ABC’s Vision Our vision is to be the premier and most innovative international Arab financial group. Our mission is to: CONSISTENTLY GENERATE INCREASING VALUE FOR OUR SHAREHOLDERS. SPECIALISE IN ARAB-RELATED ACTIVITIES ACROSS THE WORLD. INVEST IN INTERNATIONAL FINANCIAL INSTITUTIONS THAT DIVERSIFY AND ENHANCE SHAREHOLDER VALUE. ATTRACT AND RETAIN HIGH QUALITY EMPLOYEES BY PROVIDING REWARDING CAREERS. Our key objectives are to: MAINTAIN A STRONG PRESENCE IN THE ARAB WORLD AND ACHIEVE OPTIMAL DIVERSIFICATION OF OUR EARNING STREAM. MAINTAIN A STRONG RISK MANAGEMENT PROCESS. MAINTAIN AN EFFECTIVELY MANAGED EXPENSE BASE FOCUSED ON GENERATING INCREASING SHAREHOLDER VALUE. BUILD A STRONG AND LIQUID FINANCIAL INSTITUTION WITH EMPHASIS ON ASSET QUALITY. Arab Banking Corporation Annual Report 2000 1 Global Network CONTINUED 2 Arab Banking Corporation Annual Report 2000 Algiers ....Amman ....Bahrain ....Cairo ....London . Frankfurt . CONTINUED Global Network The business and geographic mix of the Group and the knowledge and experience that the Group’s management has of emerging markets around the world make ABC the leading Arab bank. Arab World Division International Division Investment Group The ABC Group Arab Banking Corporation ABC Banque Internationale Banco ABC Brasil S.A. – Algeria de Monaco S.A.M. 2000 Highlights US$ millions 2000 Highlights US$ millions 2000 Highlights US$ millions Total Assets 1,306 317 Total Assets 156 Total Assets Total Loans and Total Loans and Total Loans and Advances 763 76 Advances 37 Advances Total Deposits 1,019 294 Total Deposits 86 Total Deposits Shareholders’ Shareholders’ Shareholders’ Funds 164 18 Funds 35 Funds Number of Number of Number of Branches 4 Branches 4 Branches - ABC Islamic Bank (E.C.) ABC International Bank plc Banco Atlantico S.A. 2000 Highlights US$ millions 2000 Highlights US$ millions 2000 Highlights US$ millions Total Assets 195 Total Assets 2,278 Total Assets 8,001 Total Loans and Total Loans and Total Loans and Advances 139 Advances 1,114 Advances 4,472 ABC Parent (ABC BSC) Total Deposits 135 Total Deposits 1,265 Total Deposits 6,875 2000 Highlights US$ millions Shareholders’ Shareholders’ Shareholders’ Funds 57 Funds 332 Funds 436 Total Assets 12,009 Number of Number of Number of Branches - Branches 2 Branches 274 Total Loans and Advances 4,659 Arab Banking Corporation Arab Banking Corporation – International Bank of (Jordan) Daus & Co GmbH Asia Limited Total Deposits 8,818 2000 Highlights US$ millions 2000 Highlights US$ millions 2000 Highlights US$ millions Shareholders’ Funds Total Assets 366 Total Assets 565 Total Assets 3,749 1,904 Total Loans and Total Loans and Total Loans and Advances 145 Advances 65 Advances 2,234 Total Deposits 309 Total Deposits 500 Total Deposits 3,000 ABC Group Shareholders’ Shareholders’ Shareholders’ 2000 Highlights US$ millions Funds 35 Funds 60 Funds 439 Number of Number of Number of Total Assets 26,676 Branches 20 Branches - Branches 27 Total Loans and Advances 14,039 Arab Banking Corporation ABC Securities (Egypt) S.A.E – Egypt (S.A.E.) Total Deposits 21,509 2000 Highlights US$ millions 2000 Highlights US$ millions Shareholders’ Total Assets 31 Total Assets 423 Funds 1,904 Total Loans and Total Loans and Advances - Advances 175 Total Deposits 1 Total Deposits 314 Shareholders’ Shareholders’ Funds 28 Funds 55 Number of Number of Branches - Branches 6 Arab Banking Corporation – Tunisie, S.A. 2000 Highlights US$ millions Total Assets 59 Total Loans and Advances 32 Total Deposits 42 Shareholders’ Funds 13 Number of Branches 1 Arab Banking Corporation Annual Report 2000 3 . Hong Kong .....Madrid ....Milan. ....Paris ....Sao Paulo Group Organisation The ABC Group is organised into three business divisions and a central Group Head Office divided into several functional divisions, reflecting its key objectives as outlined on page one. Board Secretary: Dr. Khaled S. Kawan Board of Directors Audit Committee Ghazi M. Abdul-Jawad President & Chief Executive Internal Audit: Prasad Abraham Treasury Group Banking Group Essam El Wakil, SVP Taher D. Makkiyah, EVP Group Treasurer Chief Banking Officer Group Treasury Unit Arab World Division George Karam, SVP FX, Precious Metals, Commodities & Sales } Money Market, Options, Derivatives & New Products Bahrain Business Unit Marketable Securities } Tunis Branch (OBU) } Other Treasury Units in the Group ABC Islamic Bank (E.C.) Arab Banking Corporation - Algeria Investment Group Omar el-Abd, SVP } Arab Banking Corporation - Egypt (S.A.E.) Investment Coordinator Arab Banking Corporation (Jordan) ABC Securities (Egypt) S.A.E. Omar el-Abd, Chief Executive Officer Arab Banking Corporation - Tunisie, S.A. Banco ABC Brasil, S.A. Tito Enrique da Silva Neto, President } Representative Offices: Abu Dhabi, Casablanca, Tehran & Tripoli (Libya) } Banco Atlántico, S.A. Manuel Montecelos, Chief Executive Officer International Division Banco Atlántico Panama, S.A. George K. Morton, SVP } International Bank of Asia Ltd } Mike M. Murad, Vice Chairman & Chief Executive Officer Grand Cayman Branch Milan Branch Administration Group } New York Branch Corporate Communications Singapore Branch Global Information Technology ABC Finanziaria S.p.A. Human Resources & Administration } Arab Banking Corporation Daus & Co. GmbH } Legal & Compliance ABC International Bank plc Operations Planning & Financial Controls London Branch } Paris Branch Premises & Engineering } Representative Offices: Credit & Risk Group Houston & Los Angeles Richard Cumberland, SVP Chief Credit & Risk Officer Credit Department Credit Risk Control & Policy } Economics Remedial Loans Risk Managment 4 Arab Banking Corporation Annual Report 2000 Algiers ....Amman ....Bahrain ....Cairo ....London . Frankfurt . Board of Directors There are currently 12 Directors on the Board who have varied backgrounds and experience and who individually and collectively exercise independent and objective judgement. All Directors are non-executive. The Board of Directors meets regularly and has a formal schedule of matters reserved to it, considering key aspects of the Group’s affairs referred to it for decision. The Board and its Committees are supplied with full and timely information to enable them to discharge their responsibilities. All Directors have access to the advice and services of the Secretary who is respon- sible for ensuring that the Board procedures and applicable rules and regulations are observed; in addition, the Directors are able, if necessary, to take independent professional advice at the Group’s expense. The roles of Chairman and Chief Executive Officer are separate, with distinct responsibili- ties. Directors are appointed by the shareholders for a specific term and re-appointments are reviewed as each Director approaches the end of his term. None of the Directors had at any time during the year a direct or indirect material interest in any contract of significance with ABC or any of its subsidiaries. Members of the Board of Directors and Secretary to the Board Mr. Abdulmohsen Y. Al-Hunaif Chairman Kuwaiti. B.A. in Commerce, Ain Shams University, Egypt. Undersecretary of the Ministry of Finance in Kuwait. Chairman of ABC since 1994, Chairman of Banco Atlántico, S.A., Spain. Mr. Al-Hunaif has more than 30 years’ experience as a banker and senior government official. He sits on the boards of various Middle East and European banks as well as serving with a number of government organisations. Mr. Ageli Abdulssalam Breni Deputy Chairman Libyan. B.Sc. in Economics, Benghazi University, Libya; M.S. in Economics, Oklahoma State University, U.S.A. Deputy Governor of Central Bank of Libya. Director of African Development Bank, Ivory Coast. Also Director of ABC International Bank plc, U.K., and Chairman of Arab Banking Corporation - Tunisie, S.A. He was appointed Director of ABC in 1996. Mr. Breni has more than 20 years’ experience as a banker. (Resigned 6 December 2000). Mr. Khalifa M. Al-Kindi Deputy Chairman U.A.E. citizen. B.Sc. in Economics, East Michigan University, U.S.A. Deputy Managing Director of Abu Dhabi Investment Authority and Director of Abu Dhabi Investment Company. Also Director of ABC International Bank plc, U.K., and a past Director of International Bank of Asia Ltd., Hong Kong, and Banco Atlántico, S.A., Spain. He has been a Director of ABC since 1992 and has 15 years’ experience as an investment banker as well as holding a number of directorships in various public corporations. Dr. Anwar Ali Al-Mudhaf Director Kuwaiti. B.A., Kuwait University; M.B.A. and Ph.D. in Finance, Peter Drucker Management Center, Claremont Graduate School, California, U.S.A. Dr. Al-Mudhaf is currently the General Manager of Kuwait Health Insurance Company and a lecturer in corporate finance, investment analysis and financial institutions at Kuwait University. He is also a Director and a Member of the Board’s Investment Committee of the Kuwait Public Institute for Social Security, Vice-Chairman of Al-Mal Kuwaiti Company (K.S.C.) and a past Director of Al-Ahli Bank of Kuwait. Dr. Al-Mudhaf joined ABC’s Board in December 1999. Mr. Hassan A. Juma Director Bahraini. Fellow of the Chartered Institute of Management Accountants (FCIMA), U.K. Managing Director of National Bank of Bahrain as well as serving on the boards of a number of public and corporate bodies in Bahrain. Also Director of Banco Atlántico, S.A., Spain. Mr. Juma has been a Director of ABC Group since 1994. He has more than 25 years’ experience as a senior commercial banker. Sheikh Khalid A. Al-Turki Director Saudi Arabian. B.A. in Political Science, M.A. in International Relations, American University, Washington D.C., U.S.A.; M.B.A. in Business Administration, Stanford University, U.S.A. Chairman, Advisory Council, Centre for Middle Eastern Studies, Harvard University. Chairman of Trading & Development Co. (TRADCO), Saudi Arabia. Also Chairman of ABC International Bank plc, U.K. Mr. Al-Turki has been a Director of ABC since 1992 and has spent over 30 years in both academic fields and banking and international trade. Dr. Saleh Lamin El-Arbah Director Libyan.
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