Ahli United Bank Crowned ‘Best Bank in Bahrain’ for 2024 by Global Finance Magazine

TDT | Manama

Email: mail@newsofbahrain.com

Ahli United Bank B.S.C. (c), a subsidiary of Kuwait Finance House, has been honored as the 'Best Bank in Bahrain' for 2024 by Global Finance magazine. This prestigious award was presented during the recent International Monetary Fund (IMF) and World Bank Group meetings held in Washington, D.C. The recognition highlights AUB's leading role in Bahrain's banking sector and its commitment to sustainable growth, technological innovation, and outstanding customer service.

The accolade underscores AUB's significant contributions to Bahrain's banking landscape, showcasing its dedication to driving innovation in Sharia-compliant financial services while solidifying its position as a trusted financial leader. This recognition is part of Global Finance’s 17th annual awards, which celebrate institutions worldwide that excel in banking practices.

Mr. Ahmed Soud Alkharji, Group Chief Executive Officer of AUB, expressed pride in this recognition for both AUB Bahrain and the broader Kuwait Finance House Group. He stated, “This accolade reinforces our dedication to excellence and the strides we are making in Bahrain to deliver world-class, Sharia-compliant financial solutions. Our focus on digital transformation and exceptional service quality sets us apart as a benchmark for banking in the region.”

Mr. Alkharji further highlighted that AUB’s award reflects the overarching strengths of the Kuwait Finance House Group and its commitment to sustainable growth, innovation, and superior client service. “As we advance Kuwait Finance House’s footprint globally, we remain dedicated to fostering economic development through modern, efficient delivery channels that serve both local and international markets,” he added.

In addition to AUB’s recognition, the Kuwait Finance House Group received four additional honors at the event: ‘Best Islamic Financial Institution – Global,’ ‘Best Islamic Corporate Bank – Global,’ ‘Best Islamic Project Finance Provider – Global,’ and the title of ‘Best Islamic Bank in Turkey,’ awarded to Kuwait Turkish Participation Bank, the Group's banking subsidiary in Turkey.

These accolades affirm the Group’s strategic approach to creating sustainable value across 12 countries, including Bahrain, Kuwait, Turkey, Egypt, the UK, and Germany. Through these recognitions, Global Finance magazine has acknowledged Kuwait Finance House’s pioneering role as a leader in global Islamic finance, reinforcing its commitment to innovation and excellence in the banking sector.