Al Ahli Bank of Kuwait K.S.C.P. (KWSE: ABK)
Kuwait flag Kuwait · Delayed Price · Currency is KWD · Price in KWF
0.271
-0.004 (-1.45%)
At close: Nov 18, 2024

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.

Al Ahli Bank of Kuwait K.S.C.P.
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