Ahli United Bank of Kuwait explained

Ahli United Bank of Kuwait
Founded:	1971
Industry:	Financial services
Location:	Joint Banking Complex — East Tower, Mubarak Al-Kabir Street, Safat
Location City:	Kuwait City
Location Country:	Kuwait

Ahli United Bank of Kuwait (AUBK) is a traditional bank founded in 1971, providing retail, private and corporate banking services with headquarters in Safat, Kuwait City.^[1]

Timeline:^[2]

• 1941 - founded as the Imperial Bank of Persia, the first bank in Kuwait and affiliated to the British bank with a concession from the ruler Ahmad Al-Jaber Al-Sabah
• 1971 - concession ended, the bank was 100% Kuwaiti and name was changed to the Bank of Kuwait and Middle East (BKME)
• 2002 - AUB Group became a major shareholder
• 2010 - conversion to Islamic banking.
• 2016 - AUBK was selected as the second safest Islamic bank in Kuwait.^[3]
• 2024 - AUBK merged with Kuwait Finance House (KFH).^[4]

See also

• List of banks in Kuwait
• List of banks in Asia

External links

• Homepage

Notes and References

1. Web site: Company Overview of Ahli United Bank K.S.C.P.. 25 March 2017.
2. Web site: Our History and Our Future. 25 March 2017.
3. Web site: Ahli United Bank selected as second safest Islamic bank in Kuwait in 2016 . 12 November 2016. 25 March 2017.
4. Web site: Formerly AUB merged with KFH . 15 February 2024. 15 February 2024.