Ahli United Bank ranked ‘Best Local Private Bank in the Region’ by Euromoney Magazine
Ahli United Bank selected from 853 nominated institutions in Euromoney’s Private Banking Survey 2006
Ahli United Bank B.S.C. (AUB), one of the region’s leading banking institutions, has been ranked “Best Local Private Bank in the Middle East” for 2006 by Euromoney magazine ahead of all other regional banks providing private banking and wealth management services.
In addition, Euromoney ranked AUB as the Best Local Private Bank in Bahrain and the Best Private Bank for Real Estate Investment in Bahrain.
“We are very proud to receive this accolade from Euromoney, evidence of the growing importance we place on the private banking field in Bahrain and the region, and further proof of the success of our business strategies and delivery as reflected by the confidence our customers have in us,” said Adel El Labban, Group Chief Executive Officer and Managing Director, Ahli United Bank.
Euromoney’s Private Banking Survey included 853 nominated institutions from 50 countries, across 32 categories. Euromoney, one of the world’s leading banking and financial periodicals conducts annual in-depth and comprehensive polls which are used as benchmarks for quality standards in the financial sector and form the basis for establishing its league tables and awarding prizes for performance.
Ahli United Bank has been providing superior private banking and wealth management services for over two decades through its Bahrain operations as well as its subsidiaries AUB (UK) in London & Guernsey, Bank of Kuwait and the Middle East in Kuwait and Ahli Bank in Qatar.
Services focus on prudent wealth management through diversified investments in portfolios of regional, US, UK, European and Asian securities and real estate products. AUB has established strategic alliances with prime product providers to ensure regular access of top quality funds to its client base. AUB’s major current product partners include Mellon (securities), Henderson (real estate), Man (arbitrage funds) and Russell (fund of funds) among others.
AUB also provides a full range of account opening, liquidity management, residential finance and trust services through the parent bank and its subsidiaries.