KUWAIT: Ahli United Bank has been recognized as 'Best Private Bank in the Middle East' by Global Finance, the leading international banking and finance publication. In addition to winning the prestigious regional title, AUB as well as its associate bank in Oman, Ahli Bank, were announced the country winners for Bahrain and Oman respectively, in this inaugural annual World's Best Private Banks Awards by the New-York based publication.

Global Finance said the world's top providers of private banking and wealth management services were selected based on entry submissions, market research, input from industry analysts and executives, and other users of private banking services.

"These awards provide an independent analysis of those firms that offer the deepest experience, best value and highest level of customer service within the private banking realm," said Joseph Giarraputo, publisher and editorial director of Global Finance.

This award by Global Finance comes on the heels of AUB winning the "Private Bank of the Year -Bahrain" award for the second year running in the Global Private Banking Awards 2015, a joint ranking by The Banker and PWM (Professional Wealth Management), two publications of the London-based Financial Times Group.

Prakash Mohan, Group Head, AUB, said: "We are gratified to see the quality and strength of our private banking services recognized by the world's leading and most authoritative banking and finance publications. These distinguished awards bear testimony to our continued and successful efforts to be our clients' trusted financial partners, providing them with world-class expertise, highly individualized service and tailor-made solutions which meet their specific objectives and needs".

"Our regional footprint means clients can benefit from our collective expertise, knowledge and resources across MENA markets while our well-established presence in the UK opens up a world of opportunities when it comes to managing and growing their hard earned wealth".

These awards are the latest in a string of recognitions received by AUB earlier this year, including: "Best Local Private Bank, Bahrain -2015" by Euromoney and "Best Bank in Bahrain, 2015" for the tenth consecutive year by both Euromoney and Global Finance.