ABKK
299.0 KWD
+0.68%
Today
+0.00%
1D
Market is closed
Sun
9:10 AM ~ 12:40 PM
Mon
9:10 AM ~ 12:40 PM
Tue
9:10 AM ~ 12:40 PM
Wed
9:10 AM ~ 12:40 PM
Thu
9:10 AM ~ 12:40 PM
Fri
Closed
Sat
Closed
Information
Name
Al Ahli Bank
Currency
KWD
Standard Leverage
1X
Market Cap
746.47M
Avg Daily Volume
1.27M
52 Week High
314 KWD
52 Week Low
247.619 KWD
Trading Hours
See hours
Business Summary
Al Ahli Bank of Kuwait K.S.C.P., together with its subsidiaries, engages in banking activities in Kuwait, the United Arab Emirates, and Egypt. The company provides alfouz draw, salary, and savings accounts, as well as term deposits and merchant services; housing, consumer, auto, medical, and mortgage loans; safe deposit lockers; online and mobile banking, telebanking, and cash issuing terminals; and credit and prepaid cards, as well as digital payment solutions. It also offers corporate banking products, such as commercial and mortgage loans; working capital finance; real estate development and asset-backed financing; trade finance products, such as letters of credit, letters of guarantee, bill discounting, etc.; treasury products, including FX, forwards, and swaps; high value contract-specific financing; and cash management services comprising payments and payroll services, collection services, liquidity management, trade finance, etc. In addition, the company provides cash management; corporates and structure finance; and treasury and investment services. Al Ahli Bank of Kuwait K.S.C.P. was incorporated in 1967 and is based in Kuwait City, Kuwait.
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Frequently Asked Questions
What are financial stocks?
Financial stocks include companies like banks, insurance firms, investment services, and fintechs. They play a critical role in the economy by facilitating credit, investment, and wealth management.
How do interest rates affect financial stocks?
Financials often benefit from rising interest rates, which can increase net interest margins for banks and improve profitability.
Why are financials important in a trading portfolio?
Financial stocks can offer strong dividends, sector stability, and exposure to macroeconomic trends like interest rate policy and GDP growth.
What risks are associated with financial sector investing?
Regulatory changes, credit risk, economic downturns, and interest rate volatility can all impact financial companies' earnings and stock prices.
