Ahli United Bank launches new mobile app, AUB M-Bank

Press release

Published March 17th, 2014 - 10:58 GMT

Ahli United Bank

Addressing the needs of its time-conscious clientele, Ahli United Bank has announced the launch of its new mobile banking application, AUB M-Bank. This secure and simple to use application now enables AUB customers to enjoy a true ‘on the go’ banking experience, in a way that is most convenient to them: just right at their fingertips.

Free to download on IPhone and Android devices, AUB customers can now view balances and transactions on their personal accounts (whether current, savings, term deposit or loan account), transfer money locally or internationally, make bill payments, and request a host of other services- from ordering a new cheque book to blocking their ATM card if lost or stolen. Customers can also keep track of recent transactions made on their credit cards and make a repayment of latest statement balance.

Speaking on the launch, Abdulla Al-Raeesi, DGCEO-Retail Banking, AUB, said: “This new mobile banking platform marks another important step forward for us in offering our valued customers a true ‘on the move’ banking experience, allowing them to do a wide range of everyday banking transactions without the need to visit any bank branch or be limited to branch hours, all with the assurance of the most robust security standards they expect from AUB”.

“With the use of mobile apps growing ever more popular, we are pleased to introduce this service as part of our ongoing investment in putting in place a comprehensive range of banking platforms, both traditional and digital, so that customers can manage their money and keep on top of their finances in simpler, quicker and far more convenient ways than ever before”, added Mr. Al-Raeesi.

Customers can get started by simply downloading ‘AUB M-Bank’ app and logging-in with their existing AUB Internet Banking details.

Background Information

Ahli United Bank

Ahli United Bank BSC (AUB) is a full fledged commercial and investment banking group providing wealth management, retail, corporate, treasury, offshore and private banking services.

The Group's businesses consist of the operations in Bahrain, a wholly owned subsidiary in the UK and associates in Kuwait, Qatar, Oman, Egypt and Iraq. In Kuwait, AUB has an effective holding of 75% in the Bank of Kuwait and The Middle East while in Qatar, AUB has a 40% stake in Ahli Bank QSC. In Oman, AUB has a 35% stake in Ahli Bank SAOG while in Iraq AUB has a 49% stake in the Commercial Bank of Iraq. In Egypt, AUB, its associate banks and other Gulf financial institutions together hold an 89.3% stake in Ahli United Bank SAE. Apart from these banks, AUB has a nominal stake of 75% in KMEFIC, a brokerage, asset management and corporate finance company based in Kuwait with operations around the Arabian Gulf.

Overall, the AUB Group, through its subsidiaries and associates, operates through a network of 93 branch offices and employs over 3,000 people.

AUB’s stated mission is to create an unrivalled ability to meet customer needs, provide fulfillment and development for staff and to deliver outstanding shareholder value. AUB’s strategy is to expand through both organic growth and acquisition in order to act as a ‘multifaceted financial bridge’ between the international financial markets and its Gulf clients. It has sought to establish an operating presence in each of the Pan-GCC countries with a targeted 10% - 20% market share. To this end, AUB continues to develop and invest to increase its ability to acquire new businesses and rapidly integrate them with the bank’s systems. This development has helped accelerate progress in the delivery of financial services and penetration into targeted geographical markets.