Thursday 23 May 2013
 
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Ahli United Bank

Ahli United expands key POS service

Bahrain-based Ahli United Bank (AUB) is rapidly expanding point of sale (POS) acquiring in the kingdom with its hitech systems and terminals and innovative features. This is to meet the growing needs and expectations of retail cha

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Ahli United posts $309m Q1 profit

Bahrain-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.

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AUB nets $213m from bank stake sale

Ahli 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

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Ahli United completes $100m loan facility

Bahrain-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

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AUB launches 3D secure services

Ahli 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

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Ahli United wins top award for quality

Bahrain-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

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Ahli United in NI services accord

Ahli 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

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AUB's net surges 6.6pc to $82m in Q1

Bahrain-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

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Bahrain AUB net profit up 17pc

Bahrain-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

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Ahli United says ready for IBAN

Ahli 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

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