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Adel El-Labban.

Publication: The Banker
Publication Date: 01-SEP-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Adel El-Labban.(Ahli United Bank)

Article Excerpt
Byline: Michael Imeson

Financial services is the largest contributor to Bahrain's economy, which makes it different from the other GCC countries, where hydrocarbons is the dominant sector. It also means the country has been more exposed to the global financial crisis than anywhere else in the Gulf.

Among the most prominent of Bahrain's bankers is Adel El-Labban, chief executive of Ahli United Bank. According to The Banker's rankings, AUB is the fourth largest bank in Bahrain and the 27th largest Arab bank in the world.

Mr El-Labban distils into just a few words an explanation of how the country's banks are faring in a world still reeling from the financial crisis. "The degree of impact varies according to the business model each bank follows," he says....

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