December 27, 2015
Muscat: MSCI, a leading United States-based provider of equity, fixed income, and hedge fund stock market indexes, as well as equity portfolio analysis tools, said that Ahli United Bank (AUB) became part of their MSCI Frontier Markets Index (FMI) on November 30, 2015.
Ahli United Bank's inclusion in the index was the result of MSCI's semi-annual index review process, according to a press release.
The MSCI FMI captures large- and mid-cap representations across 23 frontier market (FM) countries, including Bahrain, Kuwait, and Oman from the Gulf Cooperation Council. AUB is the only bank from Bahrain to be included in the current FMI.
Ahli United Bank's inclusion represents international recognition of its strong share performance and consistent returns to its shareholders over the years, and should further improve the bank's profile and its share of liquidity in regional and international markets.
© Times of Oman 2015