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Ahli United Bank (AUB) has been named 'Bank of the Year - Bahrain' for 2009 by The Banker magazine. This is the fourth year running AUB has won the award by this affiliate publication of the UK's Financial Times Group.
The Banker's 10th 'Bank of the Year' Awards edition acknowledges those banks which proved successful in navigating the stormy waters of 2009, one of the most challenging years in decades.
The Banker took particular note of AUB's ability "to maintain its strategy of regional expansion and organic growth through difficult global financial conditions and also adjust its operational model to minimise the impact of the global crisis on its performance".
