AUBK meaning in Business ?
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Answer: What is Ahli United Bank of Kuwait mean?
Ahli United Bank of Kuwait (AUBK) is a traditional bank founded in 1971, providing retail, private and corporate banking services with headquarters in Safat, Kuwait City.
Timeline:
1941 - founded as the Imperial Bank of Persia, the first bank in Kuwait and affiliated to the British bank with a concession from the ruler Ahmad Al-Jaber Al-Sabah1971 - concession ended, the bank was 100% Kuwaiti and name was changed to the Bank of Kuwait and Middle East (BKME)2002 - AUB Group became a major shareholder2010 - conversion to Islamic banking.In 2016 AUBK was selected as the second safest Islamic bank in Kuwait.
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