Ahli United Bank (Ahli United), a subsidiary of Ahli United Bank B.S.C, is a provider of banking and other related financial solutions. It primarily offers retail and commercial treasury, banking, and investment banking services. It offers current, saving, salary, demand, deposits, and corporate accounts; debit, pre-paid, and credit cards; investment products; and loans for personal requirement, home, and auto loans. It also provides investment services, financing, private banking, corporate banking, trading, money market, real estate advisory services, mobile banking, and electronic trading services. The bank operates through a network of branches and ATMs across Kuwait. Ahli United is headquartered in Safat, Kuwait.
Headquarters
Kuwait
Address
Safat, P.O. Box 71, Kuwait City, 12168
Website
www.ahliunited.com.kw
Telephone
965 22459771
No of Employees
489
Industry
Financial Services
Ticker Symbol & Exchange
ALMUTAHED (KUW)
Revenue (2023)
$567.4M
-11.1%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
5%
(2023 vs 2022)
Market Cap*
$2.3B
Net Profit Margin (2022)
XYZ
18.1%
(2023 vs 2022)
* As of and is in US$
Ahli United Bank premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Private Banking |
| Current | Real Estate Advisory |
| Salary | Wealth Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | New Products/Services | In November, the bank launched a new mobile application for B2B digital banking and cash management services. |
| 2022 | New Products/Services | In November, the company launched its new and unique product, the EDGE package. |
| 2022 | Corporate Awards | In October, the bank was honoured with Best Consumer Banking Experience award by Global Finance Magazine. |
Competitor Comparison
| Key Parameters | Ahli United Bank | Burgan Bank SAK | Al Ahli Bank of Kuwait | Commercial Bank of Kuwait SAK | Kuwait International Bank |
|---|---|---|---|---|---|
| Headquarters | Kuwait | Kuwait | Kuwait | Kuwait | Kuwait |
| City | Kuwait City | Kuwait City | Safat | Safat | Kuwait City |
| No. of Employees | 489 | 3,700 | 509 | 765 | 655 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Anwar Ali Al-Mudhaf | Chairman | Executive Board | - | - |
| Jehad Saud Al-Humaidhi | Chief Executive Officer | Senior Management | 2021 | - |
| Abdullah M. Al Lanqawi | General Manager - Treasury | Senior Management | - | - |
| Alok Misra | Senior General Manager – Audit | Senior Management | 2020 | - |
| Naqeeb Hamed Amin | General Manager - Human Resources | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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