Ahli United Bank was established in 2000 in Bahrain as a result of a merger between The United Bank of Kuwait PLC (UBK) and Al-Ahli Commercial Bank B.S.C. (ACB). Ahli United Bank (UK) plc (formerly known as the United Bank of Kuwait PLC) was established in 1966 to facilitate the expansion of business between institutions in Kuwait and global financial markets. Ahli United Bank (UK) plc provides financial advising and assistance to the clients of Ahli United Bank in the United Kingdom.
Ahli United Bank (UK) Plc is the 75th largest bank in the United Kingdom in terms of total assets. In 2019 its total assets were 3 210,26 mln USD, providing the bank with the market share of 0.03%. In 2019 the bank's annual profit was 40,81 mln USD.
Ahli United Bank (UK) Plc is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality).
Ahli United Bank (UK) Plc participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Ahli United Bank (UK) Plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Ahli United Bank (UK) Plc is headquartered in London.
Ahli United Bank (UK) Plc is authorized and supervised by the Financial Conduct Authority (reference number 131818).