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Ahli United posts $309m Q1 profitBahrain-based Ahli United Bank, the largest lender by market value in the kingdom, has reported a net profit of $309.8 million for the first quarter of the year, boosted by a one-time gain from the sale of a stake in a Qatari associate. More… |
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AUB nets $213m from bank stake saleAhli United Bank is seeking regional acquisition targets after making a total profit of $212.9 million on the sale of a 29.4 per cent stake in Qatar's Ahli Bank, Bahrain's largest lender said on Monday. Ahli United said la More… |
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Ahli United completes $100m loan facilityBahrain-based Ahli United Bank (AUB), one of the leading banks in the region, has completed a $100 million three-year term loan facility for Bahrain Commercial Facilities Company (BCFC). AUB acted as the initial mandated lead arra More… |
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AUB launches 3D secure servicesAhli United Bank (AUB) has partnered with Arab Financial Services, the electronic payment processing provider in the region, to launch 3D Secure Services for the bank’s cardholders in Bahrain. 3D Secure is a free and automat More… |
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Ahli United wins top award for qualityBahrain-based Ahli United Bank (AUB) has been awarded the Elite Quality Recognition Award 2012 by JPMorgan Chase Bank for its outstanding performance in processing funds in US dollars for the eighth year in a row. Since 1997, JPMo More… |
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Ahli United in NI services accordAhli United Bank (AUB) has signed an agreement with Network International (NI), a leading payment solutions provider in the Middle East, to launch an advanced point of sale acquiring service and e-commerce in Bahrain. The agreement was sig More… |
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AUB's net surges 6.6pc to $82m in Q1Bahrain-based Ahli United Bank (AUB) posted a net profit of $82.4 million for the first quarter of the year, up 6.6 per cent on the same period last year. Earnings per share were 1.6 cents, compared to 1.5 cents. The result also re More… |
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Bahrain AUB net profit up 17pcBahrain-based Ahli United Bank (AUB) said it has registered a full year net profit of $310.6 million for 2011, up 17 per cent compared to the year before. Announcing the results on Tuesday, AUB said the last quarter had contributed $70.3 m More… |
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Ahli United says ready for IBANAhli United Bank (AUB) has announced that it is completely ready for the launch of International Bank Account Number (IBAN) standard in Bahrain. This move is in line with Central Bank of Bahrain's directives making the use of IBAN a manda More… |
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Ahil United raises $200m loan facilityAhli United Bank – Bahrain, in its role as mandated lead arranger, has raised a $200 million six-year loan facility for Alfardan Properties, one of the regional luxury goods and services providers. The facility will be used to refinance ex More… |
