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Ahlibank

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Ahlibank
Native name
البنك الأهلي ش.م.ق
IndustryFinancial services
Headquarters,
Key people
Sh. Faisal Bin Abdulaziz Al Thani (Chairman)
ServicesBanking
Number of employees
405
Websitewww.ahlibank.com.qa

Ahli Bank QSC is a Qatari-based bank with its head office in Doha, Qatar.[1]

History

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Founded in 1983 Ahli Bank QSC is a Qatari-owned financial institution that serves individual consumers, small businesses and corporate customers with a range of Corporate Banking, Retail & Private Banking, Treasury & Investments, International Banking and Brokerage Services.[1] Citigroup decided to cease its operations from Qatar in 1987, allowing Ahli Bank to purchase all of its assets[2] and start operating as an autonomous entity.[3]

Ahli United Bank, Bahrain's largest bank, was the largest shareholder in Ahli Bank. In 2012, Ahli United sold all but 1,000 shares of its stake in the bank.[4] At the time, Ahli Bank was considered the seventh-largest bank in Qatar.[4]

References

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  1. ^ a b "Ahli Bank unveils new brand identity". Ahli Bank. June 23, 2014. Retrieved June 23, 2014.
  2. ^ U.S. Department of Commerce, Industry and Trade Administration (1990). Foreign Economic Trends and Their Implications for the United States. p. 45.
  3. ^ "About Ahli Bank QSC" (PDF). Ahli Bank. p. 2. Retrieved 15 September 2017.
  4. ^ a b "Qatar's Ahli Bank says top shareholder to sell most of stake". Reuters. 28 November 2012. Retrieved 28 May 2015.[dead link]
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