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
sales of 707.45 million Bahrainian Dinars [US$1.88 billion]
Arab Banking Corporation B S C
(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).
During the second
quarter of 2021, sales at Ahli United Bank B.S.C. totalled
142.05 million Bahrainian Dinars.
This is a drop of 13.9%
from the 164.99 million Bahrainian Dinars in sales at the company during the second quarter in 2020.
During the first two
quarters of 2021, sales totalled 296.69 million Bahrainian Dinars, which is
than through the first two quarters of 2020.
During the previous 6 quarters, sales at Ahli United Bank B.S.C. have fallen vis-à-vis the same quarter in the previous year.
Ahli United Bank B.S.C. reported sales of 651.07 million Bahrainian Dinars (US$1.73 billion)
December of 2020.
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)
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)