Ahli United Bank (AUB) has been awarded 'Bank of the Year - Bahrain' for 2010 by the influential magazine, The Banker. This is the fifth consecutive year that AUB has been selected as Bahrain's top bank by the magazine, a publication of the UK's Financial Times Group.
In a statement announcing the award, the editors of The Banker said: "This year's awards were once again hotly contested by the world's leading financial institutions. The recognition of being named 'Bank of the Year 2010' in Bahrain is testament to the strong management and prudent risk approach that AUB has made this year".
AUB chairman Fahad Al Rajaan, pictured right, said: "Being recognised as the Bank of the Year for Bahrain by one of the world's premier banking publications for five consecutive years is a remarkable achievement and a worthy tribute to the efforts by all our staff towards achieving excellence and meeting customers' needs."