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Beginning with a 5% stake in The Bank of Kuwait and The Middle East (BKME), Ahli United Bank increased its stake to 48% as of 31 December 2004 through subsequent acquisitions. In August 2005, AUB raised its effective holding in BKME to 75%. With this additional stake, BKME was fully consolidated from a financial and management perspective into the AUB Group.
The Bank of Kuwait and the Middle East was the first bank to be established in Kuwait in the early 1940s, at a time when Kuwait and the region were starting to
benefit from oil revenues. Since that time, BKME has grown to become a pillar of the financial community, closely involved with many of the projects and initiatives
that have transformed Kuwait's industrial, commercial and social landscape.
BKME provides a full range of commercial and retail banking services to its client base in Kuwait. It has a 10% share of the market in Kuwait.
The Bank of Kuwait & The Middle East KSC
P.O. Box 71
Safat 13001
Kuwait
Tel: (+965) 802000
Fax: (+965) 2461430
Email: contact@bkme.com
Click here to access the BKME website

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