Tom Lind appointed Senior Executive Officer to lead ABK’s operations in DIFC  

Kuwait: Al Ahli Bank of Kuwait (ABK) announced today the opening of its Dubai International Financial Centre (DIFC) branch in the UAE.   ABK (DIFC) is a branch of Al Ahli Bank of Kuwait K.S.C.P, a public shareholding company incorporated under the laws of Kuwait and listed on the Boursa Kuwait. Al Ahli Bank of Kuwait K.S.C.P is licensed by the Central Bank of Kuwait as a banking institution and operates in Kuwait, UAE and Egypt.  

ABK (DIFC) has obtained a Category 2 Operating License which is regulated by the Dubai Financial Services Authority and the branch will serve as a regional hub for ABK’s wholesale banking, corporate finance and financial institution services. The Bank has appointed Mr. Tom Lind as Senior Executive Officer to lead its operations at the new branch.

Mr. Lind said: “ABK (DIFC) will further the Bank’s regional expansion strategy by providing a regional hub to seamlessly service corporates and multinationals across the Bank’s operations in Kuwait, UAE and Egypt. The Bank will also be able to access and benefit from the deep pool of specialist financial talent that already exists in the UAE.”

ABK (DIFC) will be fully compliant with the DIFC and DFSA rules and regulations in all its dealings and operations and will only transact with corporate clients and financial institutions that are Market Counterparts or Professional Clients, as defined by the DFSA rule book.

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About ABK:

Al Ahli Bank of Kuwait (ABK) is one of the most respected and innovative banks in the region with more than 50 years of operation in the Gulf. With a strong vision focused on ‘Reimagining a Simpler Bank’, ABK offers a wide range of financial products and seamless banking services to retail and commercial customers in Kuwait, United Arab Emirates and Egypt.

Armed with a strong workforce, ABK offers its customers speed, convenience and security through its numerous branches, while continuously developing and enhancing its processes and systems to apply the latest technology.

Owing to its exceptional achievements and operational ethos, ABK was granted numerous accolades recognizing its innovation and growth potential from various reputable institutions including Asian Banker and International Finance Magazine. In addition, ABK was listed as one of the 50 safest banks in the Middle East by Global Finance.

For more information about ABK, please visit eahli.com or contact an ABK customer service agent via ‘Ahlan Ahli’ at 1899899.

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© Press Release 2018