9 May 2019
Al Ahli Bank of Kuwait (ABK) announced today that it won the ‘Bank of the Year’ award from Arabian Business magazine for the fourth consecutive year, while its continuing commitment to social responsibility was recognized with a ‘Special CSR Award of the Year.’
Mr. Abdullah Al Sumait, ABK’s Deputy Chief General Manager, collected the ‘Bank of the Year’ award on ABK’s behalf of the Bank, and Mr. Fawzy Al Thunayan, ABK General Manager of Board Affairs, and Ms. Sahar Al Therban, Senior Manager - Corporate Communications at ABK, collected the CSR award.
ABK achieved strong financial results in 2018, with operating profit passing the KD 100 million mark for the first time in the Bank’s history. ABK-Egypt also successfully expanded its technological infrastructure and geographical presence in the region through its branch network.
ABK extended its reach as one of the first Kuwaiti banks to operate in UAE by opening a branch in Dubai International Financial Centre (DIFC), and shortly after opening, signed a landmark agreement with Dubai Aerospace Enterprise (DAE) for a revolving credit facility worth US$ 800 Million.
Under its ‘Simpler Banking’ strategy, ABK continues to invest in innovation and enhancing customer service, introducing a number of new digital products. Some of these were first to the Kuwaiti market, including its ‘Global View’ service, which enables customers to manage multiple ABK accounts through a single login point and accessing statements from the day of inception.
ABK also contributed to a number of social causes throughout the year, with the main focus aligned to the Bank’s CSR strategy of Healthy Living.
ABK was also listed in the Global Finance top 10 Safest Banks in the Middle East list for 2018 for the second consecutive year.
For more information about ABK please visit eahli.com or contact an ABK customer service agent via ‘Ahlan Ahli’ at 1899899.