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Ahli United Bank Kuwait
Ahli United Bank of Kuwait (AUBK) is a traditional bank founded in 1971, providing retail, private and corporate banking services with headquarters in Safat, Kuwait City. Timeline: * 1941 - founded as the ''Imperial Bank of Persia'', the first bank in Kuwait and affiliated to the British bank with a concession from the ruler Ahmad Al-Jaber Al-Sabah * 1971 - concession ended, the bank was 100% Kuwaiti and name was changed to the ''Bank of Kuwait and Middle East'' (BKME) * 2002 - AUB Group became a major shareholder * 2010 - conversion to Islamic banking. In 2016 AUBK was selected as the second safest Islamic bank in Kuwait. See also *List of banks in Kuwait *List of banks in Asia This is a list of banks in Asia (alphabetically) Afghanistan * Afghan United Bank * Afghanistan International Bank (AIB) * Alfalah Bank * Aryanbank * Azizi Bank *Bank of India * Bakter Bank * Bank e Mili * Brak Afghanistan Bank *Central Ban ... References External links Homepage {{Auth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ahmad Al-Jaber Al-Sabah
Sheikh Ahmad Al-Jaber Al-Sabah (1885 – 29 January 1950) ( ar, الشيخ أحمد الجابر الصباح) was the tenth ruler of the Sheikhdom of Kuwait from 29 March 1921 until his death on 29 January 1950. Biography Ahmad was the son of Jaber II Al-Sabah, who was the eighth ruler of the Sheikhdom of Kuwait between 1915 and 1917. He succeeded his uncle Salem Al-Sabah, the ninth ruler of the Sheikhdom of Kuwait, in February 1921. Ahmad was the lead cavalry commander, founder of the military of Kuwait and the Directorate of Public Security Force.Kuwait National Guard ArchivesEarly Defense Cavalry & Infantry Retrieved 3 March 2015 (Arabic) Ahmad tasked his defense cavalry and infantry to Sheikh Ali Salem Al-Mubarak Al-Sabah in the early 1920s and transferred the command of defense cavalry and infantry to Sheikh Abdullah Jaber Al-Abdullah II Al-Sabah following the 1928 Battle of Al-Regeai. In 1936 the Palestinian authorities asked financial aid from Ahmad Al Jaber, but h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Kuwait City
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1971
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Kuwait
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Asia
This is a list of banks in Asia (alphabetically) Afghanistan * Afghan United Bank * Afghanistan International Bank (AIB) * Alfalah Bank * Aryanbank * Azizi Bank *Bank of India * Bakter Bank * Bank e Mili * Brak Afghanistan Bank *Central Bank * First MicroFinance Bank * Ghazanfar Bank *HDFC Bank * Habib Bank Afghanistan * Miawand Bank * National Bank Of Afghanistan * NewKabulbank * Pashtany Bank * State Bank of India * Standard Chartered Bank Bahrain * Ahli United Bank * Arab Banking Corporation * Bahrain Islamic Bank * Bank of Bahrain and Kuwait * Bank Melli Iran * Citibank * Gulf International Bank * HSBC Bank (Middle East) * ICICI Bank * National Bank of Bahrain * Saderat bank of Iran * Standard Chartered Bank * State Bank of India Bangladesh * Bangladesh Bank * Bangladesh Krishi Bank * Grameen Bank * Sonali Bank * Janata Bank * Rupali Bank * Bangladesh Development Bank Limited * Islami Bank Bangladesh Limited * Al Arafah Islami Bank Limited * Prime Bank * Pre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Kuwait
This is a list of banks in Kuwait. All the following local (11 nos.) & foreign (11 nos.) banks are registered with Kuwait Banking Association. The Central Bank of Kuwait supervises the 32 Exchange Companies that operate within Kuwait. Central Bank * Central Bank of Kuwait (CBK) Credit Bank * Kuwait Credit Bank (KCB) Local Banks Conventional Banks * National Bank of Kuwait (K.S.C) (NBK) * Commercial Bank of Kuwait (K.S.C)(Al-Tijari CBK) * Gulf Bank (K.S.C) (GBK) * Al Ahli Bank of Kuwait (K.S.C.P.) (ABK) * Burgan Bank (K.S.C) (Burgan) Islamic Banks * Al Ahli United Bank (AUB) * Kuwait International Bank (K.S.C) (KIB) * Kuwait Finance House (KFH) * Boubyan Bank (K.S.C) (Boubyan) * Warba Bank (Warba) Specialized Bank * The Industrial Bank of Kuwait (K.S.C) (IBK) Foreign Banks * Bank of Bahrain and Kuwait (B.S.C) (BBK) * Banque Nationale de Paris (BNP) and Paribas * HongKong and Shanghai Banking Corporation Bank Middle East Limited (HSBC Middle East ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Banking And Finance
Islamic banking, Islamic finance ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic banking/finance include ''Mudarabah'' (profit-sharing and loss-bearing), ''Wadiah'' (safekeeping), ''Musharaka'' (joint venture), ''Murabahah'' (cost-plus), and ''Ijara'' ( leasing). Sharia prohibits ''riba'', or usury, defined as interest paid on all loans of money (although some Muslims dispute whether there is a consensus that interest is equivalent to ''riba''). Investment in businesses that provide goods or services considered contrary to Islamic principles (e.g. pork or alcohol) is also ''haram'' ("sinful and prohibited"). These prohibitions have been applied historically in varying degrees in Muslim countries/communities to prevent un-Islamic practices. In the late 20th century, as part of the revi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Concession (contract)
A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. Public services such as water supply may be operated as a concession. In the case of a public service concession, a private company enters into an agreement with the government to have the exclusive right to operate, maintain and carry out investment in a public utility (such as a water privatisation) for a given number of years. Other forms of contracts between public and private entities, namely lease contract and management contract (in the water sector often called by the French term ''affermage''), are closely related but differ from a concession in the rights of the operator and its remuneration. A lease gives a company the right to operate and maintain a public utility, but investment remains the responsibility of the public. Under a management contract the operator will collect the revenue only on behalf of the govern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Safat
Safat Square ( ar, ساحة الصفاة ) is a major historical commercial square in Kuwait City, Kuwait Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the nort .... Kuwait City {{Kuwait-geo-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Banking
Wholesale banking is the provision of services by banks to larger customers or organizations such as mortgage brokers, large corporate clients, mid-sized companies, real estate developers and investors, international trade finance businesses, institutional customers (such as pension funds and government entities/agencies), and services offered to other banks or other financial institutions. Wholesale finance refers to financial services conducted between financial services companies and institutions such as banks, insurers, fund managers, and stockbrokers. Modern wholesale banks engage in: * Finance wholesaling * Underwriting * Market making * Consultancy * Mergers and acquisitions * Fund management See also * Merchant banking * Retail banking * Commercial banking * Investment banking References {{reflist Banking Banking A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Banking
Private banking is banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs)—defined as those with very high levels of income or sizable assets. A bank that specializes in private banking is called a private bank. Private banking is a more exclusive subset of wealth management, geared toward exceptionally affluent clients. The term "private" refers to customer service rendered on a more personal basis than in mass-market retail banking, usually provided via dedicated bank advisers. At least until recently, it largely consisted of banking services (deposit taking and payments), discretionary asset management, brokerage, limited tax advisory services and some basic concierge-type services, offered by a single designated relationship manager. History Private banking is how banking originated. The first banks in Venice were focused on managing personal finance for wealthy families. Private ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
