ABK Strategic Overview and Financial Performance slide image

ABK Strategic Overview and Financial Performance

ABK's Strategy الأهلي авк 2 The Group's Vision is "reimagining a simpler bank" and its Mission is "to consistently provide experiences that simplify and enrich people's lives" Transparency Integrity Simplicity | Retail Banking Excellence • • Best-in-class turnaround times "make banking easy" • SME & Wealth Management • Cross Border offerings • Account Opening . • Loans and Cards Simplification Direct Sales agents) • All other services at Branch levels New Products and Segments • Footprint expansion ( ATMs, Kiosks, Introduce Digital Wallet Re-engineer our credit approval process Redesigned CAR and Credit Approval process Standardized ORR and FRR models Redefine our core competencies Exit or curtail non-core businesses Outsource non-core activities • Rationalize retail product offerings • Remodel ACIC around Issuers and Investors Key Enablers Upgrade our Infrastructure: • AML System, Risk Monitoring & Reporting Tools Empower our People: Performance Management ("Pay for Performance") Talent Management ("Promote the High Potential") Digital Transformation : • Data Repository & Analytics Robotic Process automation Best in Class cyber-security Wholesale Banking • . • Cash Management and Global Trade Services Corporate Finance and Advisory UAE Commercial Business Growing regional and domestic business Investing outside Kuwait for diversification and increased revenues • DIFC Branch • Cross border products • Wealth/Private Bank 11
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