Ahli United Bank (AUB) has been named "Best Private Bank in Bahrain” at the prestigious Global Private Banking Awards 2016 ceremony held recently in London, UK.

The award is jointly announced by The Banker and PWM (Professional Wealth Management) magazines, the industry’s leading publications of the Financial Times Group.

In recognition of its excellent services in the private banking and wealth management sector, AUB has received the award for the third consecutive year amidst the numerous local and international banks operating in the Kingdom.

The winners were selected by an international panel of experts based on a set of criteria that included progress made in accordance with the business model and growth strategies, client relationship management, and adaptability  of  product offering to meet changing clients’ needs.

Prakash Mohan, acting group head – Private Banking & Wealth Management, AUB said: “We are honoured to win this distinction as Bahrain’s best private bank for three years in a row now.  The award is a testimony to our clients’ trust in us as well as to our track record in supporting their goals to protect, grow and diversify their wealth and investments, both at home and overseas. It is with AUB’s strong cross-border reach and expertise, that we are able to meet our clients’ high expectations and connect them to key markets and opportunities worldwide.”

“Our on-the-ground teams in key markets in the region and the UK are better positioned to understand the unique needs of our clients from the region, and to cater to their requirements for trusted advice and effective investment, wealth management and trust planning solutions, all delivered with an attentive and personalized approach,” he added. – TradeArabia News Service