KUWAIT CITY, April 25: The Ahli Bank of Kuwait which already has a retail network of 25 branches and two overseas branches in Dubai and Abu-Dhabi, UAE, Monday, April 25, 2011, inaugurated two new branches at the Olympia Mall, opposite the Scientific Center, Salmiya and in Salwa, Area 2 — both of them in the Hawalli governorate.
This is in keeping in line with the ABK’s expansion plan and its strategic initiative of reinforcing the bank’s domestic presence and being more accessible to its valued customers.
The branches at the Mall and in Salwa were consecutively inaugurated by Lieutenant General Abdulla Abdulrahman Al-Faris, Governor of Hawalli in the presence of Colin Plowman, CEO of the bank and Deputy Chief General Manager Abdulla Al-Sumait.
The event was also attended by the executive management of the bank, VIP customers and guests and the media.
Speaking on the occasion, Al-Sumait said, “The ABK would like to be where it is convenient to the customer.
“We aspire to give our loyal customers premium quality financial and banking services. Also, opening the two branches in the Hawalli governorate strengthens our presence here,” he added.
He went on say, “Our new branches are fully equipped to deliver premium customer care, ABK’s most crucial prerogative. Extending our branches to 27 in Kuwait is just another way to ensure the highest standard of quality and care is maintained.”
The creation of ABK in 1967 has brought together diverse departments which are extraordinary in their individual capabilities as well as in the ways they enhance and complement each other.
Whether serving the needs of the retail market through deposit products, the provision of Visa or MasterCard credit services or a comprehensive consumer loan program, the ABK works together to provide superior solutions to the financial needs of customers’.
The full-service branch in Dubai and Abu-Dhabi has been servicing both Kuwaiti and UAE-based clients, clearly demonstrating the commitment of the ABK to the commercial business between Kuwaiti and Gulf-based Arab producers and exporters.
In the corporate market, ABK provides loans, letters of credits and guarantees, and payment services, with particular emphasis on financing construction, real estate and trade.
ABK also offers top-performing mutual funds to its clients. The Al Ahli Kuwaiti Fund and the Gulf Fund have continuously provided excellent returns by investing in Kuwait and GCC equity markets.