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Tag Archives: ABK

Khaled El Salawy appointed as Chief Executive for ABK-Egypt

KUWAIT CITY/CAIRO, May 23: Al Ahli Bank of Kuwait (ABK), announced today that Khaled El Salawy has officially been appointed as Chief Executive Officer for ABK–Egypt. He joins ABK from Union National Bank, where he was the Deputy Chief Executive Officer, leading the Corporate Banking Division, Treasury & Investment, SME’s …

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ABK named ‘Best Commercial Bank in Kuwait’ – CEO Accad wins ‘Banker of the Year’ award from the Banker ME

KUWAIT CITY, May 15: Al Ahli Bank of Kuwait (ABK) recently announced that it received the ‘Best Commercial Bank in Kuwait’ award by  Banker ME, which also named ABK’s Chief Executive Officer, Michel Accad, ‘Banker of the Year’, presenting the Bank with two prestigious awards. The award ceremony was held …

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ABK posts operating profit of KD 22.1 mln in Q1 – Total assets up 26.3% to KD 4.5bn; EPS 5 fils

KUWAIT CITY, May 14: Al Ahli Bank of Kuwait (ABK) today announced an operating profit of KD 22.1 million for the first quarter of 2016, after a one-off investment loss of KD 2.3 million on investments disposal, compared to KD 21.8 million for the corresponding period in 2015. Net profit …

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ABK awarded ‘Bank of the Year’ by Arabian Business – Bank recognized for successful ‘Simpler Banking’ strategy

KUWAIT CITY, May 3: Al Ahli Bank of Kuwait (ABK) won the ‘Bank of the Year’ award from Arabian Business, one of the foremost business magazines in the region. This prestigious award was received by Michel Accad, ABK’s Chief Executive Officer, during a ceremony held on May 2nd, 2016 at …

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ABK sponsors Kuwait Educational Academy Football Tournament for special needs schools

Al Ahli Bank of Kuwait (ABK) today announced its successful sponsorship of Kuwait Educational Academy Football Tournament. The event, hosted in the Yarmouk Sports Club in Mishref on April 13, 2016, witnessed the participation of students from different special needs schools. The tournament was held in an effort to encourage …

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ABK receives award from Commerzbank AG – Bank recognized for its commitment to int’l quality standards

KUWAIT CITY, April 23: Al Ahli Bank of Kuwait (ABK) was recently presented the Award for Excellent Quality by Commerzbank AG. ABK was recognized because of its exemplary delivery of commercial payments and financial institution transfers in 2015. Somnath Menon, Chief Operating Officer at ABK expressed his pleasure in receiving the …

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ABK sponsors bowling tournament for special students

Al Ahli Bank of Kuwait (ABK) announced its sponsorship of a bowling tournament event for students with special needs. The event, organized by and hosted at the Capital Boys Bowling Center in Daiya on 10 April, 2016, saw the participation of over 30 students from various schools. The event was …

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ABK announces graduation of its ABK Academy’s 18th group of students

Al Ahli Bank of Kuwait (ABK) recently announced the graduation of its ABK Academy’s 18th group of students. The Bank honored a total of 22 interns who successfully completed the three week intensive course, during a ceremony held on April 7, at ABK’s Learning and Development Unit in the Bank’s …

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ABK rewards ‘Best of the Best’ employees in Retail Banking

Al Ahli Bank of Kuwait (ABK) recently held its Annual ‘Best of the Best’ Awards ceremony on March 23, 2016 at the Jumeirah Hotel. This event is held each year to recognize the tremendous efforts of customer service employees and to thank them for their hard work, commitment, and consistent …

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ABK posts KD 87.3 mln operating profits for 2015 – Net loans and advances to customers rise by 25.8%, underlining bank’s strong growth momentum

KUWAIT CITY, March 26: Al Ahli Bank of Kuwait (ABK) today announced Operating Profits of KD 87.3 million for 2015, up 5.8 percent from last year. Operating Income also saw a 9.3 percent jump to KD 128.5 million, while net loans and advances to customers increased by 25.8 percent over …

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