ABK – Egypt organizes Blood Drive Campaign in support of “Abu El-Reesh El-Mounira” Children Hospital
Cairo, March 2023: Al Ahli Bank of Kuwait Egypt (ABK-Egypt) organized a new blood drive campaign for employees in its Smart Village Headquarters in support of “Abu El-Reesh El-Mounira” University Children Hospital in partnership with Dr. Mohamed El Shabrawishy Hospital.
Read moreABK-Egypt Reports a Net Profit of EGP 1.7 billion for the Financial Year 2022
Cairo, February 2023: Al Ahli Bank of Kuwait- Egypt (ABK- Egypt), one of the fastest growing banks in the Egyptian market announced achieving outstanding financial results for the Year ended December 2022. Net Profit doubled to reach EGP 1.7 billion in 2022 compared to EGP 833 million in 2021. Net Interest Income reached EGP 2.7 billion, representing an increase of 29.1% compared to EGP 2.1 billion in December 2021, and Net Operating Profit reached EGP 2.2 billion, a 26.3% year-on-year increase compared to EGP 1.7 billion in previous year.
Read moreAl Ahli Bank of Kuwait – Egypt sponsors the 13th edition of the Kuwaiti Business week in Egypt
Cairo, December 22, 2022: In line with all efforts to support the Egyptian-Kuwaiti relations, Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) recently sponsored the Kuwaiti Week in Egypt 13th edition held under the auspices of Egyptian Prime Minister Dr. Mostafa Madbouly organized by the Kuwaiti embassy in Cairo and Jabriya Exhibition Group headed by Mr. Ahmed Ismail Behbehani,
Read moreAl Ahli Bank of Kuwait – Egypt joins Instant Payment Network and “InstaPay” Mobile application
Cairo, December 15, 2022: Al Ahli Bank of Kuwait - Egypt (ABK-Egypt), one of Egypt’s fastest growing banks, has announced today joining the National Instant Payment Network (IPN) through “InstaPay” mobile application, which enables instant and secure electronic payments and transfers.
Read moreAl Ahli Bank of Kuwait - Egypt records EGP 1.3 Billion Net Profit for the nine-month period ended 30 September 2022
Cairo, 6 November 2022: In continuation of its robust performance in the Egyptian market, Al Ahli Bank of Kuwait - Egypt (ABK-Egypt), one of Egypt’s fastest growing banks, records strong financial performance for the nine-month period ended 30 September 2022. The Bank reported a Net Profit of EGP 1.3 Billion in the end of the third quarter of 2022, up 104.8% compared to EGP 616 Million over the same period last year, while Net Interest Income reached EGP 1.96 Billion, representing a 26.6% rise when compared to EGP 1.55 over the same period in 2021.
Read moreAl Ahli Bank of Kuwait-Egypt participates in a syndicated loan to finance Elsewedy Electric Group with EGP 400 Million
Egypt, Cairo October 2022:In line with national directions and Central Bank of Egypt’s initiatives supporting the industrial sector to ensure achieving sustainable development and economic growth, Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) announced its participation in a syndicated loan to Elsewedy Electric Group.
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