Ahlibank

Ahli Bank QSC is a Qatari-based bank with its head office in Doha, Qatar.[1]

Not to be confused with Ahli United Bank.
Ahlibank
Native name
البنك الأهلي ش.م.ق
IndustryFinancial services
Headquarters
Doha
,
Qatar
ServicesBanking
Number of employees
405
Websitewww.ahlibank.com.qa

History

Founded in 1983 Ahli Bank QSC is a Qatari-owned financial institution that serves individual consumers, small businesses and corporate customers with a range of Corporate Banking, Retail & Private Banking, Treasury & Investments, International Banking and Brokerage Services.[1] Citigroup decided to cease its operations from Qatar in 1987, allowing Ahli Bank to purchase all of its assets[2] and start operating as an autonomous entity.[3]

Ahli United Bank, Bahrain's largest bank, was the largest shareholder in Ahli Bank. In 2012, Ahli United sold all but 1,000 shares of its stake in the bank.[4] At the time, Ahli Bank was considered the seventh-largest bank in Qatar.[4]

References
  1. "Ahli Bank unveils new brand identity". Ahli Bank. June 23, 2014. Retrieved June 23, 2014.
  2. U.S. Department of Commerce, Industry and Trade Administration (1990). Foreign Economic Trends and Their Implications for the United States. p. 45.
  3. "About Ahli Bank QSC" (PDF). Ahli Bank. p. 2. Retrieved 15 September 2017.
  4. "Qatar's Ahli Bank says top shareholder to sell most of stake". Reuters. 28 November 2012. Retrieved 28 May 2015.
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