Ahli United Bank's H1 2014 net profits reach KWD 25.4 million

20/07/2014 12:28 AST

Kuwait's Ahli United Bank (AUB) reported net profits in the first six months this year up by 9.9 percent to reach KWD 25.4 million ($90 million), compared with KWD 23.2 million ($82 million) in the same period 2013.

AUB Board Chairman Dr. Anwar Al-Mudhaf said shareholders' equity in the first half was up 16.4 per cent while return on assets was 1.5 percent. Earnings per share rose to 19.6 fils against 18 fils in the first half 2013.

Operating revenues of the bank reached KWD 53.4 million while assets surged by 12.5 per cent to KWD 3.571 billion in the first six months of 2014, against KWD 3.165 billion by the end of last year. Customer deposits rose 9.9 percent to KWD 2.3 billion.

"Our bank has achieved a balanced growth in all chapters of the budget and witnessed a rise in all financial performance indicators in the first half of the fiscal year," said Al-Mudhaf.


CPI Financial

News

Fitch Affirms Ahli United Bank (Kuwait) at 'A+'

17/10/2017

Fitch Ratings has affirmed Ahli United Bank (Kuwait)'s (AUBK) Long-Term Issuer Default Rating (IDR) at 'A+'; the Outlook is Stable. Fitch has also affirmed the bank's Viability Rating (VR) at 'bbb-'.

Press Release

BKME operating as Ahli United Islamic bank as of Thursday - CBK

31/03/2010

The Bank formerly known as Bank of Kuwait and the Middle East (BKME) was crossed out from the local conventional banks list and is to start its Sharia-compliant operations as of Thursday listed as "

KUNA

BKME posts KD 14.3m profit before provisions

29/03/2010

Bank of Kuwait and the Middle East (BKME) Board of Directors Chairman, Hamad Abdulmohsen Al-Marzouq, announced at the bank's General Assembly meeting on Sunday that the total operating revenues of th

Arab Times

Most Viewed Companies

Ticker Price Volume

Top Related Companies

Ticker Price Change
MASSALEH 0.00 0.00 (0.00%)
ALMAL 0.00 0.00 (0.00%)
ALAMAN 0.00 0.00 (0.00%)
INVESTORS 0.00 0.00 (0.00%)
EDU 0.00 0.00 (0.00%)

Recent News

Gulf Bank issues its 2025 Sustainability Report

10/04/2026

Gulf Bank has issued its sixth annual Sustainability Report for the year 2025, titled "Converting to a Sustainable Path," highlighting the Bank's ESG progress and performance. The report reflects the

Kuwait Times

Saudia to Partially Resume Flights To, From Dubai, Abu Dhabi, and Amman on Saturday

10/04/2026

Saudia announced on Thursday the partial resumption of its operations to and from Dubai, Abu Dhabi, and Amman starting Saturday, April 11.

In a post on its official account on the social med

Asharq Al Awsat

Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap