The United Bank for Commerce and Investment has generated unprecedented profits exceeding 100 million dinars, according to the bank’s General Manager, Omar Fakhri al-Aneizi.
Speaking to Almanassa on the sidelines of the bank’s extraordinary general assembly meeting, al-Aneizi outlined that the upcoming corporate strategy centers on upgrading infrastructure, training staff, and raising the standard of customer services.
Al-Aneizi recalled that the institution’s trajectory shifted in 2011 with the merger of three local commercial banks, followed by a strategic partnership with the Ahli United Bank in Bahrain. This collaboration included a professional, administrative, and technical support agreement that proved instrumental in driving the bank’s current financial success.
Furthermore, the General Manager noted that by 2025, all provisions for non-performing loans were fully reinforced and covered. He emphasized that the bank remains dedicated to investing in its workforce through specialized training programs to consistently enhance service delivery.