SR.No: 96
Al Ahli bank of Kuwait (ABK)
Sector: Banks & Financial Services
Date of Establishment: 1967
Country: Kuwait
Group CEO: Georges Richani
Sales: $801 million
Profits: $-231 million
Assets: $16.1 billion
Market Value: $1.1 billion
ABK has 30 branches in Kuwait, three branches in the U.A.E., and 43 branches in Egypt. In coordination with the Kuwait Association for the Care of Children in Hospital and the Bayt Abdullah Children’s Hospice, ABK helped give Girgai’an bags to children in hospitals in 2021. George Richani became Group CEO in November 2020, with more than 37 years of experience in banking.