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Ahli United Bank of Kuwait

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Ahli United Bank of Kuwait
IndustryFinancial services
Founded1971
HeadquartersJoint Banking Complex — East Tower, Mubarak Al-Kabir Street, Safat, Kuwait City, Kuwait
Websitewww.ahliunited.com.kw/en

Ahli United Bank of Kuwait (AUBK) is a traditional bank founded in 1971, providing retail, private and corporate banking services with headquarters in Safat, Kuwait City.

Timeline:

  • 1941 - founded as the Imperial Bank of Persia, the first bank in Kuwait and affiliated to the British bank with a concession from the ruler Ahmad Al-Jaber Al-Sabah
  • 1971 - concession ended, the bank was 100% Kuwaiti and name was changed to the Bank of Kuwait and Middle East (BKME)
  • 2002 - AUB Group became a major shareholder
  • 2010 - conversion to Islamic banking.
  • 2016 - AUBK was selected as the second safest Islamic bank in Kuwait.
  • 2024 - AUBK merged with Kuwait Finance House (KFH).

See also

References

  1. "Company Overview of Ahli United Bank K.S.C.P." Retrieved 25 March 2017.
  2. "Our History and Our Future". Retrieved 25 March 2017.
  3. "Ahli United Bank selected as second safest Islamic bank in Kuwait in 2016". 12 November 2016. Retrieved 25 March 2017.
  4. "Formerly AUB merged with KFH". 15 February 2024. Retrieved 15 February 2024.

External links

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