Ahli Bank strives to be the preferred choice of both its customers and corporates for banking services in the Qatari market. With carefully tailored products and services, Ahli Bank aims to meet its clients’ expectations in an increasingly competitive environment.
Being part of the Ahli United Bank group, which is present in seven countries viz. Bahrain, Qatar, Kuwait, Egypt, Oman, Iraq and United Kingdom (UK), adds another unique advantage as it is able to serve its customers in those markets. The flow of cross border business activities in Qatar is increasing, and Ahli Bank along with its strategic partner Ahli United Bank can extend its banking services beyond its home markets.An array of assets & depository products and solutions are on offer under its core business units – retail, private banking, Islamic banking, corporate and treasury.Ahli Bank recorded robust performance results in 2008 with its net profit increasing by 40.7% to reach QR 425.8 million. Backed by a solid economy and a sound strategic expansion plan, the Bank‘s return on average shareholders’ equity increased from 24.6% to 26% in 2008, and its earnings per share grew from QR 5.18 to QR 7.29.Ahli Bank continued its impressive performance during the first half of 2009 and recorded a net profit of QR 171.64 million, mainly from its core business operations, thereby reflecting the Bank’s strong local franchise.The Bank is rated A- by both Fitch and Capital Intelligence. The rating is partly based on Ahli Bank’s close association with Ahli United Bank, as its strategic partner, as well as the sound quality of its balance sheet and its strong profitability drivers.Extensive Range of Products & ServicesAhli Bank offers a wide range of banking products and services to match the requirements of its customer base. These include a wide range of value-added depository and asset products that are designed in line with the local culture and traditions.Our distinguished MyHassad savings scheme offers the highest prize money in the region. There are 6,000 weekly, quarterly and loyalty draws offering a prize money worth QR 100 million for the three participating banks.The MyGlobal product offers locals and expatriates the opportunity to open accounts within the Group banks and offers total banking to cross border business flow.
Islamic Banking‘Al Hilal Islamic Banking’ is the Islamic window of Ahli Bank and offers its customers a wide range of Islamic products and services. Financing options include Ijara and Murabaha. For deposit products, customers can choose from current, savings and term investment deposit options. All the products are offered to both corporate as well as retail customers. Al Hilal presently has three branches and a fourth branch will be opening soon. Branch NetworkWith the aim of reaching reach its customers’ doorsteps, the Bank opened eight new branches in 2008, taking its branch network to twenty (seventeen conventional and three Islamic), well-spread all over Qatar. In order to serve our customers for a longer duration, we have extended our banking hours to evenings also.E-BankingBacked by the latest and safest technological and security features, Ahli Bank launched its full fledged e-banking service, thereby enabling its customers to operate their accounts through Internet banking, Contact Centre and SMS-based mobile banking.Presently, the Bank has a well distributed network of 39 ATMs spread across major shopping malls and prime locations. Our ATMs accept all kinds of debit and credit cards. Apart from dispensing Qatari Riyals, depending upon the location requirements, our ATMs dispense other foreign currencies as well. Our plan is to expand our ATM network to fifty in 2009. Corporate BankingAhli Bank believes in being a 'Solutions Provider' to its corporate clients through its industry-leading specialists. Our abilities are driven primarily by our close relationship with Qatar's business community, our local knowledge and our experienced corporate banking team.The Bank provides both conventional and Islamic banking solutions across various products linked with the treasury, private banking, and retail banking divisions. It is one of the most comprehensive one-stop centre for all customer needs. Private BankingAhli Bank's distinguished private banking services stems from its close association with Ahli United Bank's wealth protection solutions, which are offered across the Group to its wide customer base. The Bank serves its Qatari investors in international markets through tie-ups with renowned asset managers.Ahli Bank continues to provide a wide range of solutions to its customers who wish to invest in London’s residential and commercial property, by extending its advisory and trust services as well as by meeting their acquisition requirements.Equipped for GrowthThe Bank is proud to be a part of the robust Qatar banking community, which is operating in one of the best performing economies in the world and is supported by the visionary leadership of H.H. the Emir and its government. Ahli Bank will continue to support its customers across all sectors of the economy with value-added services that will be delivered by a highly professional team.