The foundation of Al Ahli Bank of Kuwait (ABK) in 1967 created a bank which is now
renowned for the quality of its customer service and its range of financial products.
Today, the Bank serves retail and commercial customers in Egypt, Kuwait and the
United Arab Emirates, providing seamless banking services across all its markets,
facilitating consumer banking and business banking relationships across the Gulf
and into North Africa.
In its home market of Kuwait, ABK operates through 31 centrally located branches,
while in UAE, it has two full service branches located in Abu Dhabi and Dubai. In
Egypt, through its acquisition of Piraeus Bank in Egypt, ABK Egypt operates 39 full
ABK’s long term regional aspirations have also led to strategic alliances with world-class
financial partners. For example, its highly successful and popular co-branding with
Emirates Airline on ABK credit cards has given cardholders the opportunity to earn
and redeem Skywards Miles for Emirates flights, by simply using their cards.
In addition to its retail operations, the Bank also has a highly successful commercial
side. Its Corporate Division focuses on financing for the construction, real estate
and trade sectors, providing loans, letters of credit and guarantees, and payment
services, while the Treasury and Investments Division provides effective foreign
exchange and interest rate services and advice for the Kuwait, Gulf and international
Through its subsidiaries, The Al Ahli Kuwaiti Fund and the Gulf Fund, ABK also offers
top-performing mutual funds to its clients, consistently providing excellent returns
for clients by investing in Kuwait and GCC equity markets.
ABK received numerous awards during 2016 including the ‘Best Bank Transformation
in the Middle East’ by Euromoney, ‘Deal of the Year’ by The Banker – an FT Affiliate,
‘Best Retail Bank’ by Asian Banker ‘Retail Bank of the Year’ by The European, ‘Best
Commercial Bank’ by Banker ME, ‘‘Employer of the Year’ by Naseba, and Bank of the
Year by Arabian Business. ABK was also listed as one of the 50 safest banks in the
Middle East by Global Finance.
The Bank continues to enjoy strong credit agency ratings of A2 from Moody’s and
A+ from Fitch.
Over the last half century, ABK has grown to become one of the most respected and
innovative Banks in the region. With a clear regional vison of strong leadership,
simpler banking, and unrelenting focus on continual renewal and investment in its
customer service, technology and products, ABK has set new benchmarks for banking
in the Middle East and is well positioned to continue this path in the future.
Frequently Asked Questions