The Bank was established in 2002 and is by 52% controlled by its Management and 48% by the General Electric Corp. of the USA.
With more than 40 years of presence in the shipping finance industry, the management of ABBank has a long and strong track record in achieving returns throughout the shipping cycles.
Despite its small size the Bank has been the largest arranger and manager of syndicated shipping loans amongst Greek banks and 5th among all banks active in the Greek ship-financing scene.
Over the last decade, it has arranged and managed in excess of $5 Billion of syndicated facilities and led consortiums participated by top tier banks. Today the total amount of bilateral and syndicated loans and commitments under management stands at circa $2 Billion.