Ahli United Bank Ranked First Among Bahraini Banks in The Banker Magazine's 100 Best Arab Banks 2024 List
TDT | Manama
The Daily Tribune - www.newsofbahrain.com
Email: editor@newsofbahrain.com
Ahli United Bank B.S.C (c) has been recognised as the top-performing bank among Bahraini institutions in The Banker magazine's prestigious "100 Best Arab Banks 2024" list, securing the 23rdposition overall. This ranking reflects AUB’s commitment to excellence and its leadership in the banking sector, both in Bahrain and the wider Arab World.
The ranking, which included 10 Bahraini banks, was based on an extensive evaluation process conducted by The Banker, a highly respected financial publication owned by the UK’s Financial Times (FT). Established in 1926, The Banker is renowned for its in-depth coverage of the global financial industry and conducts surveys across approximately 120 countries, spotlighting leading institutions worldwide.
The magazine’s evaluation criteria encompassed a range of key financial metrics, including total equity, assets, profitability, asset quality, return on capital, and return on assets. AUB’s position as the top Bahraini bank is a testament to the Bank’s robust financial standing and its dedication to sustainable growth and value creation for stakeholders.
Commenting on the achievement, Mr Ahmed Soud Alkharji, Group Chief Executive Officer of Ahli United Bank, said: “We are honoured to be recognised by The Banker as the leading bank in Bahrain and one of the best in the Arab World. This accolade is a reflection of our commitment to delivering superior financial services and value to our clients, shareholders, and the broader community. We will continue to pursue innovation and excellence as we strengthen our position both locally and regionally.”
Ahli United Bank continues to make strides in delivering innovative banking solutions, enhancing customer experience, and driving positive economic impact in the markets it serves.
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