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. [1]
| Industry | Financial services |
|---|---|
| Founded | 1971 |
| Headquarters | Joint Banking Complex — East Tower, Mubarak Al-Kabir Street, Safat, , |
| Website | www |
Timeline:[2]
- 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.[3]
- 2024 - AUBK merged with Kuwait Finance House (KFH).[4]
See also
edit
References
edit- ^ "Company Overview of Ahli United Bank K.S.C.P." Retrieved 25 March 2017.
- ^ "Our History and Our Future". Retrieved 25 March 2017.
- ^ "Ahli United Bank selected as second safest Islamic bank in Kuwait in 2016". 12 November 2016. Retrieved 25 March 2017.
- ^ "Formerly AUB merged with KFH". 15 February 2024. Retrieved 15 February 2024.