Established in 1967, ABK offers commercial, retail, and private banking services and treasury and investment services. It currently has 76 branches across Kuwait, Egypt, and the U.A.E. In September 2024, the bank successfully priced a $300 million Additional Tier 1 bond with an annual coupon rate of 6.5%. In January 2025, ABK, through its DIFC branch, secured its largest debt facility to date, a $1 billion global syndicated term loan with a tenor exceeding three years. The Public Institution for Social Security is ABK’s largest shareholder, holding an 11.68% stake as of May 2025.