Analyst Research Report Snapshot


Al Ahli Bank of Kuwait K.S.C.






07 Jul 2015





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Al Ahli Bank of Kuwait (ABK) is a Kuwait-based bank engaged in providing banking services. The bank offers retail banking services, corporate banking services, Ahli Capital, treasury banking services and international banking services through a network of around 28 branches and two overseas branches comprising one in Dubai and one in Abu-Dhabi, the UAE. ABK operates in Kuwait and the UAE. It is headquartered in Safat, Kuwait. The bank recorded revenues of KWD115.6 million (approximately $408 million) in the fiscal year ended December 2013, a decrease of 0.7% compared to 2012. The bank's operating profit was KWD81.5 million (approximately $287.8 million) in fiscal 2013, an increase of 1.4% over 2012. Its net profit was KWD35.4 million (approximately $125 million) in fiscal 2013, an increase of 18% over 2012.

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