Country Awards for Excellence 2017: Middle East
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Awards

Country Awards for Excellence 2017: Middle East


Bahrain


Egypt           
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Israel
               

Jordan



Kuwait
Lebanon
Oman
               

Palestinian Territories
Qatar Saudi Arabia
UAE
               
 


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Bahrain

Best bank: Ahli United Bank

As in much of the Gulf, banking conditions in Bahrain were difficult over the last year. Despite these challenges, Ahli United Bank did well. 

Still by far the biggest bank in Bahrain in terms of absolute profit, Ahli United reinforced its dominant position with a healthy increase in profit before tax from $609 million to $670 million over the year, achieved in a context of declining assets. They totalled close to $34 billion in 2015 and have since fallen to a little over $31 billion. It is to the bank’s credit that it was able to keep growing its profits even as the size of its assets fell.



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