Established on 23rd May 1967, Al Ahli Bank of Kuwait is a leading bank headquartered in Kuwait. The bank developed a plan for regional expansion in promising markets and the Egyptian market was at the forefront of these plans for external expansion.
In 2016, it acquired Piraeus Bank - Egypt, to become a new strong player in the Egyptian banking sector, loaded with the expertise and capabilities of the parent group.
Al Ahli Bank of Kuwait - Egypt has expanded its business volume since the official announcement of its entry into the Egyptian market in 2016. Over the course of nearly 6 years, the bank has been able to achieve outstanding performance reflected in achieving good growth rates in all financial indicators, through the products and services it provides to its customers. Whether they are individuals or companies, including medium and small companies, based on its network of 44 branches spread and more than 104 ATMs.
Within few years the bank became the fastest growing bank in terms of financial indicators, and it won the title of the fastest growing bank in assets portfolio in the Egyptian market during the period 2018- 2021.
Al Ahli Bank of Kuwait (ABK) was granted two prestigious awards at the International Finance Magazine (IFM) recognising the bank’s standards of innovation and performance, ABK - Egypt won ‘Fastest Growing Bank in Egypt’ while ABK - Kuwait was awarded ‘Most Innovative Bank’ award.
ABK also receives 'Best Retail Bank in Kuwait' Award by The Asian Banker. ABK Awarded 'Best Retail Bank of the Year' by the European Magazine.
