Bahrain-based Ahli United Bank (AUB) reported a record net profit of $301.2 million for the first half (H1) of the year, reflecting an increase of 8.2 per cent as compared to the net profit figure of $278.4 million achieved in H1 2015.
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.
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
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.
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.
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.
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
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
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
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