Following successful fixed income investor meetings in Asia, the Middle East and Europe, Ahli United Bank (AUB), has priced its maiden issue of dollar perpetual additional tier 1 securities at a competitive coupon of 6.875 per cent per annum.
Bahrain-based Ahli United Bank (AUB) Group may raise $4 billion in bonds, loans or any other similar subordinated financial instruments, following shareholder approval for the proposal, it has emerged.
The election of Hamad Al Hum
Jordan Ahli Bank boosted net profit by 113 per cent to 34 million dinars ($48 million) last year due to capital gains from divesting its Lebanese subsidiary to a Lebanese bank, bank officials said.
Net operating income, including
Armed robbers fled with thousands of dinars from Ahli United Bank in Bahrain yesterday (November 16), 17 hours after a money exchange company was targeted in a hold-up during which a security guard was shot three times.
Ahli United Bank (AUB) reported a net profit attributable to its shareholders of $376.3 million for the nine months ended September 30 this year.
This reflected an increase of 30.1 per cent over the core net profit of $289.3 milli
Al Ahli Bank said on Thursday first-quarter profit surged 30 per cent to QR85.5 million ($23.50 million).
The bank's earnings per share for the three months ended March 31 were QR1.46 compared with QR1.12 for the same period last year, it
Ahli United Bank (AUB) and Arab Banking Corporation (ABC) have successfully closed the senior phase for a $480 million, 15-year syndicated debt finance facility for Damietta International Port Company, SAE (Dipco).
AUB and ABC are the "Ini