AUB named ‘Best Regional Bank - GCC 2016’ by CFI

 10 Jan 2017 - 21:21

AUB named ‘Best Regional Bank - GCC 2016’ by CFI

The Peninsula

Ahli United Bank (AUB) has been named ‘Best Regional Bank – GCC 2016’ by Capital Finance International (CFI). This is the second time AUB has won this prestigious award from the London based publication following the first award in 2014.
The CFI award identifies organisations that truly add value to the banking industry. Hamad Al Humaidhi (pictured), Chairman of Ahli United Bank, said “This award is a strong testimony to AUB’s well-managed business model based on prudent and diversi-fied growth, proactive risk management, intelligent cost spend and focus on cross border business development. Despite tighter fiscal policy and weaker private sector activity re-sulting in moderate regional economic growth, AUB continued to deliver strong perfor-mance on its strategic and financial objectives during 2016.”