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Reading: Ahli United Bank Tops List of Bahraini Banks in The Banker Magazine’s 100 Best Arab Banks 2024
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Gulf Press > Gulf News > Ahli United Bank Tops List of Bahraini Banks in The Banker Magazine’s 100 Best Arab Banks 2024
Gulf News

Ahli United Bank Tops List of Bahraini Banks in The Banker Magazine’s 100 Best Arab Banks 2024

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Last updated: 2024/09/08 at 6:17 PM
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Ahli United Bank B.S.C (c) has recently been recognized as the top-performing bank among Bahraini institutions in The Banker magazine’s prestigious “100 Best Arab Banks 2024” list, securing the 23rd position overall. This ranking highlights AUB’s commitment to excellence and its leadership in the banking sector, not only in Bahrain but also in the wider Arab World. The evaluation process conducted by The Banker, a renowned financial publication owned by the UK’s Financial Times, considered a variety of key financial metrics, such as total equity, assets, profitability, asset quality, return on capital, and return on assets. AUB’s leading position as the top Bahraini bank showcases its strong financial standing and dedication to sustainable growth and value creation for stakeholders.

The Banker magazine, established in 1926, is known for providing in-depth coverage of the global financial industry and conducting surveys across approximately 120 countries to identify leading institutions worldwide. The ranking, which included 10 Bahraini banks, recognizes the top banks in the Arab region based on their financial performance and contribution to the industry. AUB’s recognition as the top bank in Bahrain is a testament to its ongoing efforts to deliver superior financial services and value to clients, shareholders, and the broader community. The bank’s Group Chief Executive Officer, Mr. Ahmed Soud Alkharji, expressed his gratitude for the recognition and reiterated AUB’s commitment to innovation and excellence as they continue to strengthen their position locally and regionally.

Ahli United Bank is dedicated to providing innovative banking solutions, enhancing customer experience, and driving positive economic impact in the markets it serves. The bank’s focus on delivering value to its stakeholders while maintaining a strong financial position has positioned it as a leader in the banking sector. With a history of excellence and a commitment to sustainable growth, AUB continues to set new standards for banking services in Bahrain and the Arab World. The recognition from The Banker magazine reaffirms AUB’s position as a top-performing bank and reinforces its reputation for delivering exceptional financial services.

As AUB strives to maintain its position as a leader in the banking industry, the bank remains focused on driving innovation, enhancing customer service, and contributing to economic development in Bahrain and beyond. By prioritizing sustainable growth and value creation for stakeholders, AUB has positioned itself as a trusted financial institution that is dedicated to meeting the needs of its clients and the community. The bank’s recognition by The Banker magazine serves as a testament to AUB’s commitment to excellence and its continued efforts to drive positive change in the financial sector.

In conclusion, Ahli United Bank’s recognition as the top-performing bank in Bahrain by The Banker magazine highlights the bank’s commitment to excellence and its leadership in the banking sector. With a focus on delivering innovative banking solutions, enhancing customer experience, and driving positive economic impact, AUB continues to set new standards for financial services in Bahrain and the Arab World. The accolade from The Banker reaffirms AUB’s strong financial standing and dedication to sustainable growth, positioning the bank as a leader in the industry. AUB’s ongoing commitment to innovation and excellence will further strengthen its position both locally and regionally, ensuring continued success and value creation for stakeholders.

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News Room September 8, 2024
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