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Egypt: The responsibility of banks for asset freeze orders against human rights defenders
Ahli United Bank (AUB) responds to concerns regarding its role in the asset freeze of Ms. Azza Soliman
Ahli United BankBahrain
Created before Nov 2016
Last update: 2018-10-26 11:10:42
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About Ahli United Bank
Ahli United Bank head office Bahrain. Photo: Google Earth/StreetviewAhli United Bank was formed in the year 2000 after the merger of the United Bank of Kuwait PLC and Ahli Commercial Bank BSC. Ahli United Bank operates in Bahrain, other parts of the Middle East and in the United Kingdom. Its strategy (which the bank calls Shari'a compliant) focusses on commercial and retail banking, private banking, asset management and life insurance. The bank has signed the Equator Principles on May 1st, 2011.
| Website | http://www.ahliunited.com |
| Headquarters |
Building 2495, Road 2832, Al Seef District 428
P.O. Box 2424 Manama
Bahrain
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| CEO/chair |
Adel A. El-Labban Executive Director |
| Supervisor | |
| Annual report | Annual report 2017 |
| Ownership |
listed on Bahrain Stock Exchange
Ahli United Bank's share holder structure can be accessed here. |
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Policies
Voluntary initiatives
Ahli United Bank has committed itself to the following voluntary standards:Investment policies
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Issues
Ahli United Bank and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Ahli United Bank adopted the Equator Principles in 2011.
Reporting on the Equator Principles
Ahli United Bank must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Ahli United Bank is in compliance with its reporting obligations. The 2017 report can be found here.
Equator Principles
Implementation and reporting
Ahli United Bank is reporting on the implementation here.
Contact and complaints
Good moves
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