ABK Financial Overview and Market Position
ABK OVERVIEW
ABK Overview & Background
Established in 1967, by the Behbehani family, ABK has steadily become one of the leading
Kuwaiti Banks retaining the same core shareholder base since its establishment
Headquartered in Kuwait City, the Group has three subsidiaries: Ahli Capital Investment
Company, Al Ahli Bank of Kuwait - Egypt and ABK Cayman Island Limited, a branch network in
UAE including an off-shore banking branch in DIFC with Category 1 license.
Provides a wide range of financial and banking services and products across all its markets
which include, Corporate Banking, Retail Banking, Treasury & Investments
Has a total of 76 branches in three countries: 29 in Kuwait, 2 full-service branches in Abu
Dhabi and Dubai and 1 offshore banking branch in the Dubai International Financial Centre
(DIFC), and 44 branches in Egypt.
Strong and well-established access to market as witnessed by the issuances of USD500
million senior unsecured bond in Mar-17, USD300 million perpetual AT1 bond in Sep-18,
KD50 million subordinated Tier II bond in Oct-21 and In 2022, successful closing of 37
month syndicated loan financing for USD 825 million.
9.5%
6.8%
9.8%
Ownership Structure
5.0%
6.8%
Others
11.2%
Public Instituition for Social Security
Behbehani Investment
Ali Morad Yousaf Behbehani
Behbehani General Trading Co
50.9%
Heirs of Mohammed Saleh Yousef Behbehani
Behbehani Financials
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