Arab Bank Australia
This company profile is not publicly available
Banking and trade finance
Has offices in Melbourne and Sydney.
|Arab Bank Australia Ltd||AUS||website|
| Arab Bank plc
owns 100% of Arab Bank Australia Ltd
|Arab Bank Australia Ltd|
|No assessment data currently available for Arab Bank Australia Ltd|
|Arab Bank plc|
In 2005 the Arab Bank was fined US$24 million by US banking regulators for its alleged failures to comply with US anti-money laundering laws. Regulators said Arab Bank's New York branch failed to adequately guard against the risks of money laundering and terrorist financing, and also failed to properly report suspicious activities.
Source: Al Jazeera (2005)
|Company Structure||Wholly-owned subsidiary|
|Address||Sydney, NSW, Australia|
|Phone||02 9377 8900|
|Fax||02 9221 5428|