AUB at a Glance
Our history and Our Future
Board of Directors
Al-Motahid Online Trading
The Road to Success
United Bank of Kuwait PLC (UBK) incorporated in London.
Ahli Commercial Bank BSC (ACB) incorporated in Bahrain.
UBK & ACB agree to establish Ahli United Bank (AUB) and become its wholly owned subsidiaries.
AUB (parent) operations commence as OBU incorporated in Bahrain.
Merger of ACB with newly acquired Commercial Bank of Bahrain (CBB) to establish Ahli United Bank (Bahrain) BSC (AUBB).
Operating alliances with Mellon & Henderson agreed (AUM $1.4 billion)
$157 million initial public rights offering oversubscribed
48% stake accumulated in Bank of Kuwait & the Middle East KSC (BKME).
$248 million pre-emptive share rights offering oversubscribed.
UBK name changed to Ahli United Bank (UK) PLC (AUBUK).
Ahli United Bank receives Bank of the Year 2003 award by the Banker magazine.
$225 million debut syndicated loan oversubscribed.
40% stake acquired in Al Ahli Bank of Qatar (ABQ) through capital increase with a 10 year management contract.
Ahli United Bank receives Bank of the Year 2004 award by the Banker magazine.
$450 million partly convertible preference share issue oversubscribed.
AUBB merged with AUB.
AUB increases stake in BKME to 75%.
AUB acquires 49% stake in the Commercial Bank of Iraq.
Ahli United Bank receives Best Bank in the Middle East & Africa 2006 award from Global Finance magazine.
Ahli United Bank receives Best Bank in Bahrain 2006 award from Euromoney magazine.
AUB acquires 49% stake in Delta International Bank S.A.E, Egypt.
Ahli United Bank receives Global Bank of the Year 2006 Middle East and Bank of the Year 2006 Bahrain awards from the Banker magazine.
Ahli United Bank signs landmark US$ 200 million loan agreement with the International Finance Corporation. IFC's largest investment in the region to date.
Ahli United Bank receives Best Bank in the Middle East 2007 award from Global Finance magazine.
Delta International Bank is renamed Ahli United Bank (Egypt) SAE.
‘Best Bank in the Middle East - 2007’ awarded by Euromoney.
35% stake acquired in Ahli Bank S.A.O.G. (earlier known as Alliance Housing Bank S.A.O.G.).
‘Best Foreign Exchange Bank in Middle East – 2008’ awarded by Global Finance.
‘Bank of the Year 2007 – Bahrain’ awarded by Banker Magazine.
US$374 million pre-emptive share rights offering oversubscribed.
Memorandum of Understanding signed with the UK-based Legal & General Group Plc to set up a new joint venture company to offer a range of takaful life and health insurance products and pension plans, subject to necessary regulatory and statutory approvals.
"Best Bank in Bahrain" awarded by Euromoney
"Best Commercial Bank in Bahrain" awarded by AsiaMoney
AUB secured a US$ 800 million Syndicated Loan Facility, with 28 banks from across the Middle East, Europe, North America and Asia participating in the facility.
Long Term Issue Credit Rating of ‘A-’ (stable) assigned by Standard and Poor’s.
‘Elite Quality Recognition Award’ for operational excellence awarded by JP Morgan Chase.
‘Bank of the Year – Bahrain 2008’ awarded by The Banker magazine.
‘Best Foreign Exchange Bank Middle East 2009’ awarded by Global Finance.
‘Best Trade Finance Provider in Bahrain 2009’ awarded by Global finance.
"Best Bank in the "award from Global Finance.