Al Ahli Bank of Kuwait

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About ABK

The bank is been founded in Egypt in 1978 under the name of Alexandria Kuwait International Bank (AKIB). AKIB was one of the first private banks in Egypt and got re-branded later to Egyptian Commercial Bank. In 2005, Piraeus Bank Group acquired Egyptian Commercial Bank and changed the name into Piraeus Bank Egypt.

In November 2015, Al Ahli Bank of Kuwait (ABK) acquired Piraeus Bank Egypt as part of its plans to expand its regional presence, reinforce the Bank competitive position and provide additional value to clients and stakeholders.

Al Ahli Bank of Kuwait (ABK) got established in Kuwait in 1967 on a foundation of extraordinary capabilities and expertise joined to provide superior financial solutions to its clients. Today, ABK offers a full range of products and services and a wide geographical presence in Kuwait, UAE, and Egypt demonstrating its commitment to best serve customer financial needs whilst offering a distinguished banking experience.