The creation of ABK in 1967 brought together diverse departments which are extraordinary
in their individual capabilities as well as in the ways they enhance and complement
each other. Whether serving the needs of the retail market through deposit products,
the provision of Visa or MasterCard credit services or a comprehensive consumer
loan program, we work together to provide superior solutions to our customers’ financial
We have a retail network of 30 branches and two overseas branch in Dubai and Abu-Dhabi,
UAE. The full-service branch in Dubai and Abu-Dhabi has been servicing both Kuwaiti
and UAE-based clients, clearly demonstrating our commitment to the commercial business
between Kuwaiti and Gulf-based Arab producers and exporters.
In May 2015, ABK signed an agreement to purchase 98.5% stake in Piraeus Bank in
Egypt. The deal was closed in November 2015 and ABK will be rebranding 39 branches
to ABK Egypt post name change approval from regulatory authorities.
ABK has also made key strategic alliances with world-class financial partners. Co-branding
with Emirates Airline on ABK credit cards has ensured they have become a popular
method of payment, allowing cardholders to earn and redeem Skywards Miles.
In the corporate market, ABK provides loans, letters of credits and guarantees,
and payment services, with particular emphasis on financing construction, real estate
Our Treasury and Investments Division provides a broad range of foreign exchange
and interest rate services and advice for the Kuwait, Gulf and international market.
ABK also offers top-performing mutual funds to its clients. The Al Ahli Kuwaiti
Fund and the Gulf Fund have continuously provided excellent returns by investing
in Kuwait and GCC equity markets.
Competitively, with our ATM Modernization and the introduction of internet banking
facilities, Call Centre and SMS Banking on an integrated, flexible, cross-platform
IT infrastructure, we have made clear our intention to stand out amongst the banks
in the Middle East, and our continuous pursuit of providing superior customer care.