Ahli United Bank (AUB) has been voted 'Best Private Bank in Bahrain' in the prestigious Euromoney Private Banking Poll 2010.
AUB came ahead of all local and global banks operating in Bahrain and was the only Bahraini bank to be represented in the top five positions.
The Euromoney Private Banking Poll is widely regarded as the global benchmark for the wealth management industry.
For this year's edition, Euromoney solicited the opinions of 1,800 international private banks on the quality and range of services offered by local and global financial institutions.
The top ranked banks are those that peers judged as providing the widest range of products at the highest level of service, with the greatest degree of success.
'It is gratifying to be recognised by industry experts and peers as the bank of first choice when it comes to private banking in Bahrain.
"This award recognises our track record in delivering strong investment performance for our clients even during challenging times, and is a testament to our constant efforts to provide world-class products and services supported by high standards of relationship management", said Sawsan Abulhassan, deputy group CEO, Private Banking, AUB.
AUB currently operates out of eight countries - Bahrain, Kuwait, Qatar, Iraq, Oman, Egypt, the United Kingdom and most recently Libya.