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What is the History of Al Ahli Bank of Kuwait?

02/04/2025
in services
Al Ahli Bank of Kuwait

Al Ahli Bank of Kuwait has a rich history in banking and financial services, with its founding dating back to 1967. Since then, the bank has consistently evolved and improved its services, becoming one of Kuwait’s largest and most important banks. It has also emerged as a leader among Arab banks, thanks to the variety of services and products that attract international investors. In addition to its growth in Kuwait, the bank has expanded significantly across the region, with numerous branches in other Middle Eastern countries, including Egypt and the United Arab Emirates.

The popular Sakan website provides a detailed introduction to Al Ahli Bank of Kuwait, its branches, and how to contact its customer service. The site also highlights several of the bank’s financial and banking services and products, while offering listings for apartments for rent in Kuwait and apartments for rent in Hawally.

What is the History of Al Ahli Bank of Kuwait (ABK)?

Al Ahli Bank of Kuwait (ABK) was established in 1967 and has since expanded and evolved both geographically and in its service offerings. Over the years, it has become one of Kuwait’s leading banks and a pioneer in Arab banking. ABK provides a comprehensive range of banking products and financial solutions catering to both individuals and businesses across various investment sectors, including real estate, commerce, industry, and tourism.

The bank’s reputation and growing customer base have been reinforced by its simplified banking procedures and streamlined financial transactions, particularly in various financing solutions. ABK also boasts an extensive network of 44 branches, including 29 branches in Kuwait and additional branches in Dubai and Abu Dhabi. Its expansion into major Egyptian cities followed the bank’s complete acquisition of Piraeus Bank Egypt in 2015.

One of ABK’s key competitive advantages over other Kuwaiti banks is its large-scale strategic partnerships and investment collaborations with global financial institutions. Among its most notable alliances is its partnership with Emirates Airlines.

What are the most popular products of Al Ahli Bank of Kuwait?

ABK offers a broad spectrum of financial products and banking solutions tailored to both individual and corporate clients. Some of the bank’s key services include:

  • Real Estate Financing: Mortgage services for individuals and financing solutions for construction companies.
  • Commercial Financing: Business loans, letters of credit (L/C), and letters of guarantee (L/G).
  • Treasury & Investment Management.
  • Financial Advisory Services: Consulting for individuals and businesses in both regional and global financial markets.
  • Wealth & Asset Management: Investment portfolio management through ABK’s subsidiary, Ahli Capital Investment Company.
  • Mutual Fund Management: Overseeing the Kuwaiti Investment Fund and the Gulf Investment Fund.
  • Stock Market Investments: Investments in securities markets across Kuwait and the Gulf Cooperation Council (GCC) countries.

Who are the members of the Board of Directors of Al Ahli Bank of Kuwait (ABK)?

ABK’s leadership team comprises experienced professionals dedicated to driving the bank’s strategic growth:

  • Chairman: Talal Mohammed Redha Yousuf Behbehani
  • Vice Chairman: Salah Ahmed Al Sarhan
  • Board Members:
    • Khaled Othman Al-Othman
    • Ali Ibrahim Ma’arafi
    • Adel Ibrahim Behbehani
    • Raed Abdel Karim Al-Mu’min
    • Zaid Khuldoun Al-Naqeeb
    • Tariq Fareed Al-Othman
    • Mahdi Ismail Al-Jazzaf
    • Bassem Suleiman Al-Otaibi
    • Fawzi Thunayan Al-Thunayan

The executive management team is led by:

  • George Richani – Group Chief Executive Officer
  • Abdullah Mohammed Al-Sumait – Deputy Chief Executive Officer
  • Loay Fadel Maqames – CEO of Kuwait Branches

What are the branches of Al Ahli Bank in Kuwait?

ABK operates 29 branches across Kuwait, strategically positioned to serve customers efficiently. The key branch locations include:

Capital Governorate

  • Main Branch: Ahmad Al-Jaber Street, Safat Square
  • Liberation Tower Branch: Liberation Tower, Safat Square
  • Ministries Complex Branch: Ministries Complex, Block 17
  • Sharq Branch: Bahbahani Complex, Sharq Area
  • Mansouriya Branch: Al-Arabi Street, Block 2
  • Kaifan Branch: Alexandria Street, Block 5
  • Shuwaikh Industrial Branch: Banks Street, Industrial Area
  • University Branch: Near Kuwait University Library, Khaldiya
  • Sabah Hospital Branch: Inside Sabah Hospital

Ahmadi Governorate

  • East Ahmadi Branch: Building 15, East Ahmadi
  • South Subahiya Branch: Hamad Al-Zuweir Street, Block 1
  • Fahaheel Branch: Al-Kout Mall

Farwaniya Governorate

  • Khaitan Branch: Rona Complex, Abraq Khaitan, Block 7
  • Andalus Branch: Al-Riggae Street, Block 14
  • Farwaniya Branch: Habeeb Munawer Street, Union Complex
  • Jleeb Al-Shuyoukh Branch: Building 134, Street 1, Block 7
  • Ferdous Branch: Ferdous Street, Block 7

Jahra Governorate

  • Saad Al-Abdullah Branch: Street 25, Block 10
  • Jahra 1 Branch: Near Al-Waha Clinic, Block 3
  • Jahra 2 Branch: Mubarak Complex, Al-Maari Street, Block 4

Hawalli Governorate

  • Shaab Branch: Abdullah Mashari Al-Roudhan Street, Block 7
  • Hawalli Branch: Tunis Street
  • Jabriya Branch: Street 102, Block 7, Near Jabriya Police Station
  • Salmiya Branch: Al-Hamra Complex, Salem Al-Mubarak Street
  • Zahra Branch: Zahra Cooperative Society, Block 4
  • Plaza Branch: Plaza Building, Salem Al-Mubarak Street, Block 4
  • Salwa Branch: Madakhil Al-Khair Building, Street 1, Block 2

Mubarak Al-Kabeer Governorate

  • Subhan Industrial Branch: Building 3, Block 7, Subhan Industrial Area
  • Adan Branch: Street 106, Block 7

What is the customer service number of Al Ahli Bank of Kuwait?

ABK provides multiple channels for customer support, including:

  • Call Center Services:
    • Hello Ahli Service: 1899899
    • International Customer Support: +965 22442211
  • Main Branch Contact:
    • Local Calls: 1866877
    • International Calls: +965 22400900 / 22411100
  • Branch Visits: Customers can visit ABK branches during official working hours from 8:30 AM to 3:00 PM.

For complaints or suggestions, customers can submit their concerns via the ABK website by filling out an online form or sending a fax/email to the customer service center.

Through this comprehensive guide, Sakn Real Estate Platform has provided an in-depth look at Al Ahli Bank of Kuwait, covering its history, banking services, branch locations, customer support channels, and exclusive promotions.

[sc_fs_faq html=”true” headline=”h3″ img=”” question=”What are the offers from the National Bank of Kuwait?” img_alt=”” css_class=””]
Restaurants and Cafes: Discounts up to 20% at restaurants like “Medusa Restaurant and Cafe” and “Kastina Restaurant and Cafe”.
Fitness: Discounts up to 20% at clubs like “Platinum Health Club” and “Platinum Ladies Health Club”.
Shopping: Discounts up to 10% at stores like “Nike” and “The North Face”.
Entertainment: Special offers like “Buy one ticket, get the second free” at Vox Cinemas.
[/sc_fs_faq]

[sc_fs_faq html=”true” headline=”h3″ img=”” question=”What is the required amount to open an account at the National Bank of Kuwait?” img_alt=”” css_class=””]
To open an account at the National Bank of Kuwait, a minimum balance is usually required, which varies based on the type of account you wish to open. For example, a savings account may have a different minimum requirement compared to a checking account. For accurate and up-to-date information on the required amount to open an account, it is recommended to visit the official website of the National Bank of Kuwait or contact one of the bank’s branches directly.
[/sc_fs_faq]

[sc_fs_faq html=”true” headline=”h3″ img=”” question=”What are the products offered by the National Bank of Kuwait?” img_alt=”” css_class=””]
The National Bank of Kuwait offers a wide range of banking products and services that cater to both individuals and businesses. Here are some of the main products provided:

Products and Services for Individuals
Bank Accounts: Checking Account, Savings Account, Fixed Deposit Account
Bank Cards: Debit Cards, Credit Cards (Visa and MasterCard), Prepaid Cards
Loans and Financing: Personal Loans, Housing Loans, Car Financing Loans
Digital Banking Services: NBK Mobile App, Online Banking, Mobile Payment Service

Products and Services for Businesses
Corporate Bank Accounts: Business Checking Accounts, Business Deposit Accounts
Commercial Financing: Business Loans, Small and Medium Business Financing, Letters of Credit
Corporate E-Banking Services: Electronic Transfers, Payroll Management, Payment and Collection Solutions
[/sc_fs_faq]

[sc_fs_faq html=”true” headline=”h3″ img=”” question=”Who is the representative of the National Bank of Egypt in Kuwait?” img_alt=”” css_class=””]
Mohamed Abdel Hamid Mahmoud El-Segini
Phone number: 0096598859864
Ibrahim Hassan El-Sayed Hegag
Phone number: 0096555512668
Email: [email protected]
[/sc_fs_faq]

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