Al Ahli Bank of Kuwait K.S.C.P. (ABK.KW)

Al Ahli Bank of Kuwait K.S.C.P., together with its subsidiaries, provides various banking products and services in Kuwait, the Middle East, North Africa, Europe, the Asia Pacific, North America, and internationally. It operates through three segments: Commercial Banking, Retail and Private Banking, and Treasury and Investments. The company offers alfouz draw, salary, and savings accounts; term deposits; credit and prepaid cards, as well as digital payment solutions; housing, consumer, auto, medical loans, as well as UAE mortgage; safe deposit lockers, merchant services, and credit card limit services; and online, mobile, and telebanking, as well as cash issuing terminals and cardless cash withdrawal. It also provides structured finance, including project, acquisition, real estate development, asset-backed, and specialized sector financing, as well as syndicated loans and distribution and loan agency; commercial and mortgage loans; working capital finance; trade finance products, such as letters of credit and guarantee, as well as bill discontinuing; fx, forwards, and swaps; and cash management services comprising payment and payroll, collection, liquidity management, and trade finance services. In addition, the company offers foreign exchange; wealth management; investment advisory services; and balance sheet management, which includes money market, derivatives, propriety investment activities, assets management, and residual impact of inter-segment fund transfer pricing. It serves individual, corporate, and institutional customers. The company was incorporated in 1967 and is headquartered in Kuwait City, Kuwait.