Middle Eastern Awards for Excellence 2013: By country
|Regional Awards for Excellence 2013: Middle East|
|Outstanding contribution to financial services in the Middle East|
|Middle Eastern winners by country
United Arab Emirates
Best Bank: Ahli United Bank
Although the Bahraini economy continues to struggle with political instability, its banking system is faring remarkably well. And within that, Ahli United Bank continued to perform strongly, to win this award once again.
The bank booked its highest-ever net profits in 2012, $335.7 million, up 8% on the previous year, with a strong performance across the corporate, retail and private banking segments.
There was consistent growth across all the main metrics, including total assets, loans and advances, and customer deposits.