ABK Strategic Overview and Financial Performance
Commercial & Retail Banking
الأهلي
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2
Commercial Banking
Corporate Banking:
•
•
Split into 8 specialized business units, each with a broad product range for
corporate clients
Services range from traditional working capital finance to complex structured
financial products for large projects and multinational companies
International Banking:
Operates from the Group's head office in Kuwait is responsible for the Group's
relationship with major international banks and correspondent banks around
the world, including the Nostro and Vostro accounts for and within the Group
The international banking division manages the Group's institutional and multi-
national corporate loan portfolio through relationship managers
Retail Banking
Operating Income¹ (KD million)
■Commercial banking
■Retail banking
160
153
146
144
116
34%
39%
40%
37%
30%
60%
70%
66%
63%
61%
2015
2016
2017
2018
2019
•
Target additional growth through acquisition of retail portfolios, enhanced digital
offerings & continued focus on simplicity
Segment Assets¹ (KD million)
•
Co-branding arrangement with Emirates Airlines in place for its credit and prepaid
cards as well as the first bank in Kuwait to offer a single multi-currency card
Key Stats - Kuwait
■Commercial banking
■Retail banking
31 branches, 160 ATMs & 3 ITMs (interactive teller machines) as of 31 December
2019
3,379
3,235
3,247
3,193
3,187
•
165,290 Retail Banking customers as of 31 December 2019
16%
17%
21%
19%
21%
•
166,665 active cards in circulation with a total spend of KD 957mn in 2019
•
96,614 registered SMS and mobile application banking customers
•
317,695 transaction executed for such subscribers during 2019
84%
83%
81%
79%
79%
•
2,35,183 telebanking calls in 2019
•
41-member direct sales force in Kuwait
Key Stats - Egypt
•
42 branches and 108 ATMs across major cities as of 31 December 2019
2015
2016
2017
2018
2019
Note:
(1)
International results included under Commercial Banking, Retail Banking and Treasury & Investment based on segmental regrouping undertaken by the bank in 2017
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