Important: Aresbank is a corporate and trade finance bank, not a retail bank. It does not offer personal banking accounts or consumer online banking services. This article explains what Aresbank does and who it serves.
What is Aresbank?
Aresbank, S.A. is a specialized trade finance bank headquartered in Madrid, Spain. Established in 1975 (originally as Banco Arabe Espanol), the bank focuses on facilitating trade between Spain/Europe and the Middle East and North Africa (MENA) region.
Key facts:
- Founded: 1975
- Headquarters: Madrid, Spain
- Total Assets: EUR 1,007 million (2024)
- Ranking: 56th largest bank in Spain
- Subscribed Capital: EUR 300 million
- Specialization: Trade finance for MENA region
Ownership Structure
Aresbank is primarily owned by the Libyan Foreign Bank:
- Libyan Foreign Bank: 99.86%
- Credit Populaire d’Algerie: 0.14%
The Libyan Foreign Bank network consists of approximately 45 participations in banks and companies across 28 countries. Aresbank utilizes this network to help clients explore trade and business opportunities in the MENA region.
Services Offered
Aresbank is not a retail bank. It provides specialized services for businesses engaged in international trade:
Trade Finance:
- Export documentary credits
- Import documentary credits
- Export remittances
- Import remittances
- Letters of guarantee
Banking Services:
- Corporate banking
- Business banking
- Treasury services
- Financial advisory
- International payments
Who Aresbank Serves
Aresbank primarily serves:
- Spanish companies exporting to or importing from MENA countries
- European businesses with trade relationships in the Middle East and North Africa
- MENA region companies trading with Spain and Europe
- Corporate clients requiring specialized trade finance expertise
The bank does not offer:
- Personal checking or savings accounts
- Consumer loans or mortgages
- Credit cards for individuals
- Retail online banking
Office Locations
Aresbank has three offices in Spain:
- Madrid – Head Office
- Barcelona
- Bilbao
Financial Performance (2024)
Aresbank showed strong profitability in 2024:
- Net Income: EUR 13.17 million
- Return on Assets: 1.30%
- Return on Equity: 3.87%
- Market Share: 0.04% (Spain)
- Ranking by Profitability: 11th in Spain (ROA)
Net income grew by over 1,986% compared to the previous year, demonstrating the bank’s strong performance in its specialized niche.
Contact Information
For business inquiries:
- Website: www.aresbank.es
- Contact Page: aresbank.es/en/contact
- Head Office: Madrid, Spain
Frequently Asked Questions
Can I open a personal account with Aresbank?
No. Aresbank is a corporate and trade finance bank. It does not offer personal banking services. If you need a personal bank account in Spain, consider retail banks like Santander, BBVA, CaixaBank, or Sabadell.
Does Aresbank have online banking?
Aresbank may offer corporate online banking services to its business clients. However, there is no consumer online banking platform. Contact the bank directly for information about corporate digital services.
Is Aresbank a Libyan bank?
Aresbank is a Spanish bank (incorporated in Spain, regulated by Spanish authorities) that is majority-owned by the Libyan Foreign Bank. It operates under Spanish banking law and is headquartered in Madrid.
What is trade finance?
Trade finance refers to financial instruments and products that help companies conduct international trade. This includes letters of credit, documentary collections, trade guarantees, and export/import financing. Aresbank specializes in these services for trade between Europe and MENA countries.
How can my business work with Aresbank?
If your company trades with MENA region countries and needs trade finance services, contact Aresbank through their website or visit one of their offices in Madrid, Barcelona, or Bilbao.
Last updated: January 2026. Aresbank specializes in trade finance between Spain/Europe and the Middle East and North Africa region.
Last Updated on January 3, 2026
URL: https://log-in.me/aresbank-madrid-spain/