Best Regional Bank, GCC, 2014: The CFI.co Award Winner is Ahli United Bank B.S.C.
The CFI.co Judging Panel congratulates Ahli United Bank B.S.C. (AUB) on being a truly regional bank and the worthy winner of the 2014 GCC banking award.
The Panel commented that, ‘this bank set out to be a regional player at the time of its establishment fourteen years ago and has succeeded admirably. Unlike other GCC banks that have one massive single market dependence, AUB has a balanced presence across the region and thus has powerful access to all the regional markets.
Despite the regional challenges, AUB continues to deliver outstanding performance which clearly demonstrates the success and viability of its core business model based on prudent and diversified geographic growth, proactive risk management, intelligent cost spending and continuous focus on developing cross border business opportunities.
Furthermore our winner’s products and services throughout the region are considered to be outstanding. This award comes with a special commendation of the judges.’
