EUROPE ARAB BANK PLC
Company Information
- Company Number
- 05575857
- Registered Address
- 35 Park Lane, Mayfair, London, United Kingdom, W1K 1RB
- Status
- Active
- Employee Count
- 115
- Turnover
- £53,584,000
- EBITDA
- £18,742,000
Additional Details
- Website
- https://arabella-it.com/
- Company Type
- Public limited Company
- Incorporated On
- 27 September 2005
- Nature of Business
- 64191 - Banks
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 23 | 79% | 17% | 4% | 33% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
EuropeArab Bank plc does not have any standard payment terms in place currently.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
any disputes are directed to the bank's Accounts Payable team and resolved directly through the team with escalation to senior management where appropriate.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
EUROPE ARAB BANK PLC is a UK-based bank that specializes in providing financial services to clients in Europe and the Arab world. Founded in 1974, the bank has a strong focus on sustainability and offers a range of products and services to support its clients' financial needs.
The bank's sustainability program includes initiatives such as responsible lending, environmental sustainability, and community engagement. They have also implemented a green finance program, which provides financing solutions for environmentally friendly projects.
EUROPE ARAB BANK PLC offers a variety of products and services, including corporate and investment banking, trade finance, treasury, and Islamic banking. They work closely with their clients to understand their specific needs and provide tailored solutions to help them achieve their financial goals.
The bank is led by a team of experienced professionals, including the Chairman, Mr. Abdulla Al-Rajhi, and the CEO, Mr. Hassan El-Shabrawishi. They are committed to maintaining the bank's reputation as a trusted and responsible financial institution.
To contact EUROPE ARAB BANK PLC, individuals can visit their website at www.europearabbank.com. The bank's registered office address is located at 1 Moorgate, London EC2R 6JH, United Kingdom.
In summary, EUROPE ARAB BANK PLC is a sustainable and customer-focused bank that offers a wide range of financial services to clients in Europe and the Arab world. With a strong commitment to responsible practices and a dedicated team of professionals, the bank continues to be a leading player in the banking industry.
