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Ahli United BankBahrain
Active
This profile is actively maintained
Last update: 2024-06-11 00:00:00
Ahli United Bank logo. Photo: Ahli United Bank
Active
This profile is actively maintained
Last update: 2024-06-11 00:00:00
About
| Website | http://www.ahliunited.com |
| Headquarters |
Building 2495, Road 2832, Al Seef District 428
P.O. Box 2424 Manama
Bahrain
|
| CEO/chair |
Adel A. El-Labban Executive Director |
| Supervisor | |
| Ownership |
listed on Bahrain Stock Exchange
Ahli United Bank is majority-owned by Kuwait Finance House (67.33%). The bank's complete shareholder structure can be accessed here. |
Ahli United Bank was formed 2000 after the merger of the United Bank of Kuwait and Ahli Commercial Bank BSC. In 2022 the bank was bought by Kuwait Finance House for $11.6 billion. Ahli United Bank operates in Bahrain, other parts of the Middle East and in the United Kingdom. Its strategy (which the bank calls Shari'a compliant) focusses on commercial and retail banking, private banking, asset management and life insurance. The bank signed the Equator Principles in May 2011.
Sustainability
Commitments
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Voluntary standards
Ahli United Bank does not have publicly available sustainability commitments.
Ahli United Bank has committed itself to the following voluntary standards:
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Grievances
Ahli United Bank does not have a complaints or grievances mechanism for individuals or communities that might have been affected by the bank's finance.
Ahli United Bank is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.
This page evaluates Ahli United Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
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Total score
Response
Action
Monitoring
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