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 has approved the distribution of a cash dividend of 18 per cent (4.5 cents per share) together with bonus shares of five per cent for shareholders at its recently held Annual General Meeting and the Extraordinary General Meeti
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.
Ahli United Bank (AUB), Bahrain's largest lender, posted a 7.8 per cent increase in its first-quarter net attributable profit, it said on Tuesday, as it benefited from growth in fee income.
The bank's net attributable prof
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.
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
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
Ahli United Bank (AUB) posted a 37.6 per cent rise in fourth-quarter net attributable profit on Sunday as Bahrain's largest lender benefited from higher fee income and strong lending.
Net attributable profit for the three mont
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
The International Finance Corporation (IFC) has completed the conversion of $100 million subordinated debt advanced to Bahrain-based Ahli United Bank (AUB) into ordinary shares in the bank.
The debt has been converted into more th