Saturday 30 July 2016
 
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Ahli United Bank

Ahli United Q1 net profit rises 5pc

Ahli United Bank (AUB), Bahrain's largest lender, posted a 5 per cent increase in first-quarter net attributable profit on Wednesday. The bank's net attributable profit for the three months to March 31 was $154.6 million.

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Ahli United Bank launches UAE operations

Ahli United Bank Limited (AUBL), a subsidiary of Bahrain-based Ahli United Bank, has launched its banking operations in Dubai International Financial Centre (DIFC), UAE with an initial paid up capital of $25 million. AUBL has beco

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Ahli United 2015 profit surges 11.3pc to $537m

Bahrain-based Ahli United Bank has reported a record net profit attributable to its equity shareholders of $537.2 million for the year 2015, representing a growth of 11.3 per cent compared to a net profit of $482.5 million in 2014.

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Ahli United Bank listed in MSCI index

Bahrain-based Ahli United Bank (AUB) has been included in the MSCI Frontier Markets Index (FMI), said the leading US-based provider of equity, fixed income and hedge fund stock market indexes and equity portfolio analysis tools. A

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Ahli United 9-month profit tops $419m

Bahrain-based Ahli United Bank (AUB) has reported a net profit of $419.2 million for the nine months ended September 30, an increase of 11.4 per cent as compared to $376.3 million achieved during the same period last year. Adjuste

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Ahli United H1 profit up 6pc to $278m

Bahrain’s Ahli United Bank (AUB) reported a net profit of $278.4 million for the first half (H1) of the year, as against $262.5 million during H1 2014, marking an increase of 6.1 per cent.   The Q2 2015 net profit achiev

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Ahli United to raise $400m via Tier 1 bond

Bahrain's Ahli United Bank has set the final yield for a $400 million Tier 1 bond issue that will enhance its capital reserves and will price later on Wednesday, a document from lead arrangers showed. The lender set a final yi

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Ahli United Bank appoints new chairman

Ahli United Bank (AUB), Bahrain's largest lender, has appointed Hamad Al-Humaidhi as chairman, it said in a statement on Wednesday. Al-Humaidhi takes over from acting chairman Mohamed Al-Marzooq, who had been in the position s

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Kuwait freezes assets of former AUB chairman

Kuwaiti authorities have reportedly issued orders to freeze the property and assets of the former head of a Bahraini bank, a report said. It was reported yesterday that former Ahli United Bank (AUB) chairman Fahad Al Rajaan had re

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Ahli United to convert IFC debt into shares

Ahli United Bank, Bahrain's largest lender, received a request from the International Finance Corporation (IFC) to convert subordinated debt to shares in the bank, it said in a statement on Sunday. The bank did not disclose ho

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