Ahli United Bank BSc

Overview

Ahli United Bank BSc (AUB) along with its subsidiaries, provides a range of retail, commercial, and Islamic banking solutions to individuals, corporate and institutional customers. It offers savings and current accounts, saving certificates, treasury deposits, consumer loans, auto loans, mortgage loans, credit cards, residential mortgage, short-term business loans and overdrafts. It also offers structured financing, treasury services, property finance, corporate finance, trade finance, supplier finance, business premises finance, premium banking, investment solutions, and Islamic banking. The bank provides services such as corporate cash collections, salary transfer, foreign exchange, cheque discounting, SMS banking, phone banking, and internet banking. The bank offers its banking solutions primarily in the Middle East regions. AUB is headquartered in Manama, Bahrain.
Key Stats
Address
Building 2495, Road 2832, , P.O. Box 2424, AL SEEF, Bahrain
Headquarters

Bahrain

Contact

973 1 7585858

No of Employees

3,317

Industry

Financial Services

Ticker Symbol & Exchange​

AUB [BAX]

Revenue (2020)

$1,776 m

-17% (2020 vs 2019)
Net Income (2020)

$452 m

-38.1% (2020 vs 2019)
Net Profit Margin

25 %

-25.5% (2020 vs 2019)
Market Cap *

$9,020 m

EPS *

$0

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Ahli United Bank BScAl Baraka Banking Group BScArab Banking Corp (BSc)Bank of Bahrain and Kuwait BSC
Key Information
Headquarters Bahrain Bahrain Bahrain Bahrain
Headquarter City AL SEEF MANAMA MANAMA MANAMA
Headquarter State/Province - - - -
No. of Employees 3,317 9,891 1,798 1,098
Entity Type Public Public Public Public

Products & Services

AUB is a banking service provider based in Bahrain. Key products and services offered by the bank include:

Products
  • Retail Banking:
  • Current Accounts
  • Savings Accounts
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Salary Transfer Service
  • Foreign Exchange Service
  • Cheque Discounting
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Meshal AbdulAziz Alothman Chairman Non Executive Board 2019 - Mr. Meshal AbdulAziz Alothman has been the Non-Executive Chairman of the bank since February 2019. He also serves as the...
Adel A. El-Labban Director; Managing Director; Chief Executive Officer - Group Executive Board 2000 - Mr. Adel A. El- Labban, has been the Chief Executive Officer, Director, and a Managing Director of the bank since...
Sanjeev Baijal Deputy Group Chief Executive Officer - Finance and Strategic Development Senior Management - - Mr. Sanjay Baijal is a Deputy Group Chief Executive Officer of Finance and Strategic Development. Additionally, he serves as the...
Keith Gale Deputy Group Chief Executive Officer - Risk, Legal and Compliance Senior Management - - Mr. Keith Gale is the Deputy Group Chief Executive Officer - Risk, Legal and Compliance of the bank. He also...
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History

Year Event Description
2020 Plans/Strategy In September, the company announced its plans to acquire additional stake in Ahli United Bank…
2018 Acquisitions/Mergers/Takeovers In April, the bank acquired 7.28% stake in Bank AlJazira, for US$173 million.
2018 Plans/Strategy In July, Kuwait Finance House announced its plans to merge with Ahli United Bank.
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Locations


Ahli United Bank (Egypt) SAE

Address

81 El-Tesseen Street, Sector A, Fifth Settlement, Cairo City
Egypt

Telephone

20 2 22499500

Website

www.ahliunited.com
Ahli United Bank

Address

Safat, P.O. Box 71, Joint Banking Complex - East Tower, KUWAIT CITY
Kuwait

Telephone

965 22459771

Website

www.ahliunited.com.kw
Ahli United Bank (UK) PLC

Address

35 Portman Square, London
United Kingdom

Telephone

44 20 74876500

Commercial Bank of Iraq P.S.C.

Address

Al-Sadoon Street, Al-Sadoon Street
Iraq

Telephone

964 1 7405583

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
16 Sep 2020 Ahli United Bank Acquires 10.2% Stake in Ahli United Bank (Egypt) Acquisition Ahli United Bank BSc Ahli United Bank (Egypt) SAE
10 Feb 2019 Warba Bank to Acquire Kuwait and Middle East Financial Investment from Ahli United Bank Acquisition Warba Bank KSCP Kuwait And Middle East Financial Investment Company (K.S.C.P.)
22 Apr 2018 Ahli United Bank Acquires 7.28% Stake in Bank AlJazira Acquisition Ahli United Bank BSc Bank AlJazira
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