Country Awards for Excellence 2015: Middle East
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Awards

Country Awards for Excellence 2015: Middle East

 

AFE2015





Bahrain


Egypt          


Iran


Israel


Jordan


Kuwait


Lebanon


Oman


Palestinian Territories


Qatar

Saudi Arabia


UAE

 

 

 

 

 

 

 

 

View regional Middle East Awards for Excellence

Awards for Excellence Middle East press release

Photos from the 2015 Middle East awards ceremony


 

 


Bahrain

Bahrain Best bank: Ahli United Bank

Ahli United is both a Bahrain powerhouse and a regional player, active in seven countries without a dependency on any one. As a group, it had a great 2014, with net profits up 31.7% year on year to $482.5 million, and operating income crossing $1 billion for the first time. Region-wide, it has $33.4 billion in assets, and has achieved growth prudently, with NPLs now down around 2% and total provision coverage of 159.4%.

Bahrain itself has not been the easiest place to do business in recent years, and it says a lot about AUB’s relative strength that it now has a rating higher than that of the sovereign itself, according to both Standard & Poor’s and Fitch.





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