Ahli United Bank B.S.C. operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ahli United Bank B.S.C. with three other
companies in this sector in BAHRAIN :
Albaraka Banking Group BSC
(2020
sales of 707.45 million Bahrainian Dinars [US$1.88 billion]
),
Arab Banking Corporation BSC
(514.84 million Bahrainian Dinars [US$1.37 billion]
of which 12%
was Commercial Banking & Corporate), and
Ithmaar Holding BSC
(219.53 million Bahrainian Dinars [US$582.31 million]
of which 41%
was Retail & Corporate Banking).
Sales Analysis.
Ahli United Bank B.S.C. reported sales of 651.07 million Bahrainian Dinars (US$1.73 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 18.1%
versus 2019, when the company's sales were 794.59 million Bahrainian Dinars.
Contributing to the drop in overall sales was the 25.7% decline
in Private Banking and Wealth Management, from 34.37 million Bahrainian Dinars to 25.53 million Bahrainian Dinars.
There were also decreases in sales in
Corporate Banking (down 19.6% to 148.68 million Bahrainian Dinars)
and
Retail Banking (down 6.2% to 89.55 million Bahrainian Dinars)
.
However, these declines were partially offset by the increase in sales of
Treasury and Investment (up 3.0% to 155.63 million Bahrainian Dinars)
.