KWSE: ABK Company Description
Al Ahli Bank of Kuwait K.S.C.P., together with its subsidiaries, engages in banking activities in Kuwait, the United Arab Emirates, and Egypt.
The company provides alfouz, current, salary, and savings accounts, as well as term deposits; consumer, housing, auto, medical, and mortgage loans; and asset based financing, term loans/working capital finance, trade finance related products, structured cash financing, mergers and acquisitions financing, short-medium term and long-term loans, overdraft facilities, credit facilities on a bilateral or syndicated basis, as well as arranges for and/or participates in syndications.
It offers bill discounting, letters of credit, LC refinancing, issuance of guarantees, letters of credit refinancing, letters of guarantee, invoice discounting, revolving loans/loans against contracts, domestic/international payments, and derivatives for hedging FOREX and interest rate risks, progress payment financing, and LC refinance.
In addition, the company offers cash management, account management, payments and payroll, collections, liquidity management, and trade finance services; credit and prepaid cards; foreign exchange services, including FX Spot, forward, and swaps, as well as hedging services; market report services; and internet, tele, online, SMS, and mobile banking services, as well as ATM, cardless cash withdrawal, digital payment, point of sale, and safe deposit locker services.
Al Ahli Bank of Kuwait K.S.C.P. was incorporated in 1967 and is based in Kuwait City, Kuwait.
Country | Kuwait |
Founded | 1967 |
Industry | Commercial Banks |
CEO | Abdulla Al Sumait |
Contact Details
Address: Al Safat Square Kuwait City, 13014 Kuwait | |
Phone | 965 22400900 |
Website | abk.eahli.com |
Stock Details
Ticker Symbol | ABK |
Exchange | Kuwait Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | KWD |
SIC Code | 6020 |
Key Executives
Name | Position |
---|---|
Abdulla Al Sumait | Chief Executive Officer |
Shiamak Soonawalla | Chief Financial Officer |
Mohammad Al Bloushi | Chief Operating Officer |