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Ahli Bank finalising three-year loan of $180mQatar's Ahli Bank is completing a three-year club loan financing expected to be in the region of $180 million, said two banking sources with direct knowledge of the situation. The loan, launched in the market at the end of Aug More… |
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Ahli buys Greek lender Piraeus' Egyptian unitAl Ahli Bank of Kuwait (ABK) said it has signed a deal with Piraeus Bank, one of the largest private lenders in Greece, to acquire 98.5 per cent of its Egyptian unit as part of its regional expansion strategy. This marks the compl More… |
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Kuwait's Al Ahli Bank to buy Egyptian lenderKuwait's Al Ahli Bank received approval from the Gulf state's central bank to buy Piraeus Bank's Egyptian unit, it said on Monday. Al Ahli Bank was still waiting for assent from Egypt's central bank for the deal, i More… |
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Kuwait's Al Ahli Bank buying Egypt bank for $150mKuwait's Al Ahli Bank will pay about $150 million to acquire 98.5 per cent of the Egyptian unit of Greece's Piraeus Bank, the Kuwaiti lender said on Thursday. The transaction, which requires approvals from the central bank More… |
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Kuwaiti bank's chief resigns due to ill healthThe chairman of Kuwait's Al Ahli Bank has resigned due to ill health and been replaced by the lender's deputy chairman, it said on Sunday. Ahmed Yousef Behbehani stepped down with effect from December 24, with deputy chair More… |
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Al Ahli Bank names former Gulf Bank head CEOMichel Accad has been appointed chief executive of Kuwait's Al Ahli Bank, a stock market statement said on Thursday, the latest in a series of senior management changes at Kuwaiti lenders. Accad joins Ahli, a medium-sized lender, fr More… |
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Kuwait Al Ahli Bank chairman fined $5.3mA Kuwaiti court has fined the chairman of Al Ahli Bank, the country's eighth largest bank by market capitalisation, 1.5 million dinars ($5.3 million) over alleged insider trading in the bank's shares. The Court of First In More… |
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Kuwaiti bank opens Abu Dhabi branchAl Ahli Bank of Kuwait has opened its first branch in the UAE capital of Abu Dhabi. Al Ahli Bank of Kuwait (ABK), established in Kuwait in 1967, has 22 branches throughout the country. It was also the first Kuwaiti bank to establish in Du More… |
