Ahli Bank Financial Overview
ABQ Has Been at the Heart of the Community for Over 35 Years
1983
Incorporated as Al-Ahli Bank of Qatar part of CitiBank operations
1987
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ABQ began to operate as a standalone entity
2004
2008
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2011
2012
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2013
2014
Ahli United Bank (AUB) acquires a 40% stake through issue of new shares with a ten year renewable management agreement
QIA announces 20% equity infusion in Qatar's listed banks based on December 2008 share capital. As a result, ABQ received QAR 642 mln support during 2010 and 2011
Ahli Brokerage Co is launched as a fully owned Licensed Brokerage House on the Qatar Exchange
20% rights issue to Qatari Shareholders raising capital of QAR 448 mln
Qatar Foundation for Education, Science and Community Development (Qatar Foundation) acquires a 29.41% stake in ABQ from AUB
New Strategic Plan approved by the Board
New Organization Structure in place to focus on business banking and strengthen corporate governance
New brand reflecting the identity of the bank: "at the heart of the community"
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Debut Syndicated Facility of US$ 200 mln, 3-year loan
2015
2016
2017
2018
2019
2020
2021
2022
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Source: Company data.
Redesign of 6 branches, enhancing customer experience
Strengthened stable funding profile through additional medium term loans - US$ 200 min
Awarded debut Moody's Rating - A2/Prime-1 deposit ratings
ABQ raises additional funds through the issuance of US$ 500 min 3.625% notes due 2021
ABQ successfully closes a 3 year US$195 mln Club Term Loan Facility
ABQ second EMTN bond issue of US$ 500 min to the international debt capital market
Increased 3-year committed bank funding to US$ 250 mln and extended maturity up to 2020
Qatar Foundation transferred its 29.41% stake in ABQ to Qatar Investment Authority, which increased QIA(1)'s stake in the bank to 47.7%
Ahlibank launches Bancassurance in partnership with QGIRCO (Qatar General Insurance and Re-Insurance Company)
Increased and extended the tenor of US$ 200 mln of committed stable funding
ABQ issued third tranche of EMTN bond for US$ 500 min to the international debt capital market
New stable funding of US$50 mln raised and extension of US$250 mln committed bilateral facility till June 2022
ABQ issued fourth tranche of EMTN bond for US$ 500 min to the international debt capital market in September 2020
Committed bilateral facilities of US$ 50 mln and US$ 250 mln were extended until July 2022 and November 2023, respectively.
ABQ successfully launched a redesigned online and mobile banking platform with an easy user interface to enhance the digital banking experience of its customers.
Successfully placed $300 mln of AT1 bonds in February 2021
Repaid first tranche of EMTN US$ 500 Mln in April 2021
Repaid US $ 140 mln Asian Club Loan
ABQ issued fifth tranche of EMTN Bond for US$ 500 min to the International Capital Market in July 2021
Repaid second tranche of EMTN US$ 500 Mln in February 2022
Increased term loan bilateral facility from US$ 250 mln to US $ 400 Min and extended tenor to April 2026
1. QIA and its wholly owned subsidiaries.
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