Company Insights Al Ahli Bank of Kuwait ABK Banking & Finance Al Ahli Bank of Kuwait Overview Al Ahli Bank of Kuwait is a retail and commercial bank with 29 branches in Kuwait, 45 in Egypt and two in the UAE. It was established in 1967 by the Behbehani family and set up the subsidiary ABK Capital, which provides asset management solutions and investment advisory services, in 2006. Al Ahli Bank of Kuwait upgraded its shares from the main market to the premier market of Boursa Kuwait in 2024. Since 2002 Al Ahli Bank of Kuwait has had a co-branded credit card partnership with Emirates Skywards, the largest airline in the Middle East. Subsidiaries include ABK Capital Investment, ABK Cayman Island Limited, Al Ahli Bank of Kuwait and Egypt ABK. Its major shareholders include the Kuwait Investment Authority, Behbehani Investment, Behbehani General Trading Co and Behbehani Financial. Al Ahli Bank of Kuwait News Finance Bank of Sharjah readies for new dollar bond sale Bank of Sharjah is preparing to issue potential five-year USD-denominated bonds, with investor meetings starting from August 30, a news report said. The Abu Dhabi-listed lender has appointed 11 banks as joint lead managers and bookrunners, Reuters reported. These include Abu Dhabi Commercial Bank, Al Ahli Bank of Kuwait (DIFC Branch), Bank ABC, Citi, Doha […] September 1, 2024 Posts navigation
Finance Bank of Sharjah readies for new dollar bond sale Bank of Sharjah is preparing to issue potential five-year USD-denominated bonds, with investor meetings starting from August 30, a news report said. The Abu Dhabi-listed lender has appointed 11 banks as joint lead managers and bookrunners, Reuters reported. These include Abu Dhabi Commercial Bank, Al Ahli Bank of Kuwait (DIFC Branch), Bank ABC, Citi, Doha […] September 1, 2024
