Ahli United Bank (AUB) takes home the Bahrain crown for the second consecutive year. The bank’s asset base continues to recover impressively after the 2016 contraction, rising by 6.8% over the 2018 review period, with net profits rising 12.7%. Such rises were accompanied by a healthy return on equity, which increased to 18.1% from 16.5% at the end of 2017, with the cost-to-income ratio narrowing to 27.1% from 28.8%. The ratio of the bank’s non-performing loans was unchanged at 1.9% over the period.
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AwardsNovember 29 2019
Bank of the Year Awards 2019 – Middle East
The cream of the crop for 2019 from the Middle East.
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