About Ahli United Bank Qatar
We are talking about Bahrain based Ahli United Bank in Qatar. They are known for offering innovative banking services to financially weak individuals with best business trends thus fulfilling their needs.
The bank is considered to be the largest one in Bahrain holding business in 8 countries of the Middle East and the United Kingdom.
It is also working with its 2 associates and is managing out 5 subsidiaries in the banking network. Recently, the report showed the net profit of US$ 377.5 million generated by the bank on 29th July 2019.
About its start
The bank got started on 31st May 2000 and is headquartered in Manama, Bahrain. At present, it is having 147 branches employing around 3900 staff.
The bank has a license given by the Central Bank of Bahrain in retail banking and has received the STP Award from Commerzbank AG. In 2012 it got awarded as Best Private Bank in Bahrain. Its ordinary shares are listed on Bahrain Stock Exchange since August 2000 and the Kuwait Stock Exchange since June 2006.
What did they offer
in the market?
In the market, they are doing business in retail banking, corporate banking, treasury &investments, private banking, and Islamic banking. Starting from retail banking under this they handle individual customer’s deposit and current accounts providing loans, credit cards and fund transfer facilities.
Next, incorporate banking, they handle banking for corporate and institutional use. Treasury provides money market, trading, and treasury services and in private they manage investments, funds, trusts of high net worth clients.
The most important one is Islamic banking where they follow the Group Sharia-compliant Islamic banking activities through its subsidiaries like AUBK and UBCI.
What makes them special?
They are special because they are working on maintaining the highest international standards of corporate governance and regulatory compliance thus leading their way to developing cross-cultural meritocratic management structure finally contributing to the social and economic advancement of the communities of Qatar.
Even they have a diversified financial services group model that keeps them on the top list of the banking industry. Aside they meet the customer’s needs, provide them fulfillment with delivering outstanding shareholder value.