Capital Intelligence, the international credit rating agency, affirmed the ratings of AUBK and also affirmed the quality of its assets in the banking sector, its solid capital adequacy, solid profitability, and improved financial liquidity.
Ahli United Bank of Kuwait announced that Moody’s affirmed the Bank's ratings with a stable outlook, confirming in its report the quality of the Bank's assets, its strong financial position, strong asset growth, solid capital adequacy, liquidity, and improved profitability from financing facilities.
AUBK earned the prestigious Citibank Award 2013 for its outstanding international electronic payment service provided to its customers and for the use of state–of–the–art technologies in the provision of STP in compliance with the strict accuracy standards set by Citibank.
AUBK launched its Sharia-compliant Real Estate Finance Service with exceptional features, including smooth and flexible premium payment methods that exceeded customers’ expectations.
Capital Intelligence, the international credit rating agency, upgraded its Long Term Foreign Currency Rating of AUBK to “A”. In addition, Moody’s affirmed AUBK’s ratings with a stable outlook. Such ratings reflect the bank’s solid financial position.
Fitch Ratings, the international credit rating agency, affirmed AUBK’s ratings with a stable outlook for long-term liabilities, and affirmed the continuing growth of the operating profits and the profitability indicators during 2011 and the first half of 2012 , which caused a noticeable growth in the net finance returns.
AUBK launched its Sharia-compliant Automobile Finance Service in a 2500 sqm showroom showcasing a large collection of automobile brands in Kuwait.
Moody’s, the international credit rating agency, upgraded its rating of AUBK for the coming juncture, based on the bank’s solid financial position that would enable it to overcome any future challenges and offer high-quality assets.
The bank offered all its services and products in full compliance with the principles of Islamic Sharia under the name of Ahli United Bank (AUBK).
The bank converted to an Islamic Sharia–compliant bank, thus achieving a significant milestone in its pioneering journey.