AUB named best private bank in Bahrain and Kuwait 2021

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

In a virtual awards ceremony, financial publications Professional Wealth Management (PWM) and The Banker jointly named Ahli United Bank (AUB) as the Best Private Bank in Bahrain and Kuwait for 2021.

The award honours the bank’s ability to reposition for the digital world while maintaining strong relationships with its customers during the challenging circumstances of COVID 19.

The announcement commended the bank for continuing to achieve remarkable growth despite the past couple of years’ market turmoil and volatility.

Particularly praised was AUB’s unabated foray into the extensive digitalisation of its services, the main pillar of its larger digital transformation strategy.

“2021 has been a defining moment for private banks.

The initial intensity and uncertainty of the global pandemic has given way to a new economic and business environment: an environment where digital excellence and first-class customer service are expected, even demanded,” said PWM/The Banker.

“We are honoured to be recognised by two of the world’s most prominent private banking-focussed publications.

Thanks to a devoted team, our private banking unit has been successfully navigating the COVID-19 turbulence and yielding best-in-class returns for our clientele.

This resilience and continued growth is a product of a pre-pandemic long-term strategy designed to weather the inevitable storms that are sure to occur from time to time,” said Mark Hirst, Deputy Group CEO, Private Banking and Wealth Management at AUB.