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ABK introduces the new face of banking

Kuwait, 9th February, 2008 - Al Ahli Bank of Kuwait today unveiled its new corporate identity as part of a strategic initiative of business transformation and reorganization.

Al Ahli Bank of Kuwait (ABK), one of the region's most established banking institutions, marked the start of a new era today with the introduction of its new corporate identity, spearheading a strategic initiative focusing on business transformation and reorganization.

The new identity is an evolution derived from geometric Islamic patterns representing the concept of 'coming together' through a cycle of work, people and business. The resulting success defines the corporate character honed by the bank during its forty-year history.

Mr. Ahmed Yousuf Behbehani, Chairman of ABK, says, "In 1967, a number of distinct departments were combined for the first time, forming the bank today known as ABK. Each department brought unique yet complimentary talents, and strengthened ABK as a whole."

He continues, "Our new identity represents this history, the idea of 'coming together' for business and personal financial needs. Fresh, vibrant and bright, our identity reflects our personality: modern, approachable and open."

The new identity, and associated marketing collateral, further conveys the dynamic progression of the bank. Introducing the people behind ABK, the identity demonstrates the bank's commitment to continue to deliver exceptional service and banking expertise to customers and shareholders alike.

Mr. Behbehani comments, "ABK's talented executive management team is central to our continued achievements. Their innovative nature has helped successfully re-brand the bank, and encouraged us to diversify into a wider range of financial and investment solutions, corporate and retail products, services and alternate delivery channels to cater to a broader spectrum of society - at home and abroad."

ABK's New Face of Banking marks the start of a series of processes which will inspire the bank to work harder, and smarter, in all areas. New accomplishments from ABK will ultimately enable customers to build a positive future, based on greater financial autonomy at an individual, family and corporate level - delivering a future that is both fulfilling and secure.

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