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Global Finance, the well respected US magazine specialising in international finance, announced that it has awarded Ahli United Bank (AUB) the "Best Bank in the Middle East" award for 2008. AUB was also simultaneously awarded "Best Bank in Bahrain 2008".
This is the third consecutive time that AUB has won this prestigious award, having earlier won the award in 2006 and 2007.
"To be awarded a prestigious international award such as this is yet another indication of the confidence that the international financial industry has in AUB's business strategies and management policies," said Fahad Al Rajaan, chairman, Ahli United Bank. "We are particularly gratified that this is the third consecutive year for receiving this prestigious award from a very well-respected journal," he added.
Joseph D Giarraputo, publisher and president of Global Finance, said: "We have identified the banks that provide service to corporations seeking to take advantage of substantial opportunities for growth."
