Wednesday , August 22 2018

Tag Archives: ABK

ABK posts 18 pct rise in H1 net profit

Profits KD19.1m; earnings per share 12 fils KUWAIT CITY, July 28: Al Ahli Bank of Kuwait (ABK) today reported an 18 percent increase in net profit for the first half ending June 30, 2018. The upward trend in 2018 continued as ABK’s net profit for the period reached KD 19.1 …

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ABK, FAB and Noor Bank sign loan deal for Dubai Aerospace

KUWAIT CITY, May 21: Al Ahli Bank of Kuwait (ABK), First Abu Dhabi Bank (FAB) and Noor Bank have announced the signing of a landmark financing facility for Dubai Aerospace Enterprise (DAE) for an initial amount of $480 million, expandable to $800 million. The facility has a four year tenor …

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ABK net profit rises 18% in first quarter

Total assets reach KD 4.47 billion, up 3.6% KUWAIT CITY, April 30, (KUNA): Al Ahli Bank of Kuwait (ABK) today announced its financial results for the first quarter ended 31 March, 2018. Net Profit was KD 10.0 million, a healthy 18% increase over the same quarter last year. Earnings per …

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ABK operating profit up 9.4% to KD 97.8mn in its 50th year of operations in the region – Bank reports KD 35.7 million net profit for 2017, up 10 percent; EPS 22 fils

KUWAIT CITY, Feb 6: Building on its strong business performance from last year, Al Ahli Bank of Kuwait (ABK) today announced its financial results for the fiscal year ended Dec 31, 2017. ABK grew its Operating Income by 6.4%, from KD 147 million to KD 157 million, and its Operating …

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ABK sponsors 6th Al Ma’arefa Athletics tourney – Major sporting tournament for special needs athletes

KUWAIT CITY, Nov 22: Al Ahli Bank of Kuwait (ABK) recently sponsored the 6th Al Ma’arefa Athletics Tournament for people with special needs, which was held on Monday, Nov 20, 2017 at the Youth & Sport Stadium in Manqaf. The event was attended by Talal Khalifa Al-Jeri, the Chairman of …

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ABK enables contactless payments – Tap ‘n’ Go service launched with KNET

KUWAIT CITY, Nov 13: In an effort to make life simpler for its customers through a series of ongoing enhancements, Al Ahli Bank of Kuwait (ABK) today announced the launch of the Tap ‘n’ Go service with KNET. This technology uses Visa payWave to enable Prestige, Elite and VIP Debit …

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ABK records net profit of KD 22.1mn for Q3 2017 – Total assets remain stable at KD 4.3 bln

KUWAIT CITY, Oct 25: Following strong growth in the first half of 2017, Al Ahli Bank of Kuwait (ABK) today revealed an Operating Profit of KD 71.2 million compared to KD 65.6 million in 2016, an increase of 8.5 percent. Net profit was KD 22.1 million, up 11.6 percent compared …

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ABK records H1 net profit of KD 16.2 mln – EPS clocks 10 fils; total assets reach KD 4.33 billion

KUWAIT CITY, July 17: Building on its positive results for the first quarter of 2017, Al Ahli Bank of Kuwait today announced a net profit of KD 16.2 million for the first half of 2017, marking a 7.7% growth. Operating profit reached KD 46.8 million compared to KD 44.2 million …

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ABK sponsors Kuwait’s Youth Basketball tournament

As part of its activities for the Holy month of Ramadan, Al Ahli Bank of Kuwait (ABK) was the platinum sponsor of the 2017 Kuwait Youth Basketball tournament, which was organized specifically to increase sport activity during the Holy month of Ramadan. The tournament was held from 3 – 14 …

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21st group of participants graduate from ABK Academy – 14 candidates successfully complete four-week of intensive training program

KUWAIT CITY, June 6: Al Ahli Bank of Kuwait (ABK) congratulated the 21st group of students who recently graduated from the ‘ABK Academy’, during a ceremony that was held for the 14 participants who successfully completed the four week intensive program. The 21st round of training consisted of two main …

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