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IN AN EXCLUSIVE SURVEY BY GLOBAL FINANCE MAGAZINE AUB named “Best Foreign Exchange Bank in the Middle East”

Ahli United Bank B.S.C. (AUB), one of the region’s leading banking institutions, has been named ‘Best Foreign Exchange Bank in the Middle East’ by Global Finance magazine ahead of all other regional banks.

Global Finance magazine, one of the industry’s most reputed publications, named the winners of its ‘Best Foreign Exchange Banks and Providers’ by region and country. AUB won the accolade of ‘Best Foreign Exchange Bank’ in both categories, as it was also named the ‘Best Foreign Exchange Bank in Bahrain’.

Fahad Al-Rajaan, Chairman of AUB, commented: “The latest award received by AUB reflects its technical competence in a banking field characterized by very intense competition which demonstrates our commitment to client servicing and satisfaction”.

A panel of Global Finance editors selects the award winners after assessing input from industry analysts, corporate executives and technology experts. They assess banks against specific criteria which include: transaction volume, market share, scope of regional coverage, customer service, competitive pricing and innovative technology.

During 2006 AUB has won many accolades, among them: ‘Best Bank in the Middle East and Africa’ by Global Finance; ‘Best Local Private Bank in the Middle East’ by Euromoney; ‘Best Private Bank for Real Estate Investment in Bahrain’ by Euromoney and the ‘Elite Quality Recognition Award’ by JP Morgan Chase.