With two overseas branches, in Dubai and Abu Dhabi, the Kuwaiti bank, which began operations in 1967, now has a domestic network of 30 branches and over 50 ATMs across Kuwait.
The smallest of the five Kuwaiti commercial banks, ABK’s share capital is mostly held by Kuwaiti-based private individuals and institutional shareholders. The main controlling shareholder is the locally prominent Behbehani family.
The lender’s wholly-owned investment company subsidiary, Ahli Capital Investment Company, commenced operations in 2007.
Despite its two overseas branches in the UAE, the bank is very much focused on catering to the Kuwaiti market.