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Ahli United Bank (Arabic: البنك الأهلي المتحد) is a regional bank based in Bahrain. [4] Its head office is situated at Manama and is the largest bank in Bahrain . [ 5 ] [ 6 ] It is present in 8 countries in the Middle East and United Kingdom.
Initially providing commercial banking, the consumer banking arm of Citi Bahrain was launched in 1989. In 1996, Citi Bahrain became the first international institution to set up a separately capitalized Islamic bank. [2] In December 2022, the consumer business in Bahrain was sold to Ahli United Bank. [3] [4] [5]
Bank Name [4] [5] Bank name (in Arabic) Head Office (in UAE) Headquarters Stock code (if applicable) [2] [3] National Bank of Bahrain: بنك البحرين الوطني
Ahli United Bank B.S.C. Arab Bank PLC; Bahrain Development Bank B.S.C. BBK; BMI Bank B.S.C (c) BNP Paribas; Citibank Bahrain; Credit Libanais SAL; Eskan Bank; Future Bank B.S.C. (c) Habib Bank Limited; HSBC Bank Middle East Limited; ICICI Bank Limited; MashreqBank psc; National Bank of Abu Dhabi (Bahrain Branch) National Bank of Bahrain BSC
Palestine Investment Bank, Bahrain PIB 25 August 2016 PIB Palestine pibbahrain.com: Rafidain Bank Bahrain Rafidain Bank: 1 July 1969 Rafidain Bank rafidainbankbh.com: SICO Bank SICO 3 December 1996 SIO Services sicobank.com: The Saudi National Bank, Bahrain SNB: 4 November 1978 Saudi National Bank alahli.com: Standard Chartered Bank (Bahrain ...
In December 2010, the Central Bank of Libya acquired the 17.72% shareholding of Abu Dhabi Investment Authority in ABC, increasing its stake to 59.37%. In June 2015 Arab Banking Corporation revamped its corporate identity and changed its brand name to Bank ABC. The bank's new identity launch coincides with the commemoration of its 35th anniversary.
Citigroup decided to cease its operations from Qatar in 1987, allowing Ahli Bank to purchase all of its assets [2] and start operating as an autonomous entity. [3] Ahli United Bank, Bahrain's largest bank, was the largest shareholder in Ahli Bank. In 2012, Ahli United sold all but 1,000 shares of its stake in the bank. [4]
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