Ahlibank provides a range of treasury and investment services.
F/X
We are pleased to offer foreign exchange services in the following currencies:
| Australian Dollar (AUD) |
Omani Riyal (OMR) |
| Bahraini Dinar (BHD) |
Pakistan Rupee (PKR) |
| Canadian Dollar (CAD) |
Qatari Riyals (QAR) |
| Danish Krona (DKK) |
Saudi Arabian Riyals (SAR) |
| Egyptian Pound (EGP) |
Singapore Dollar (SGD) |
| Euro (EUR) |
South African Rand (ZAR) |
| Hong Kong Dollar (HKD) |
South Korean Won (KRW) |
| Indian rupee (INR) |
Sterling Pound (GBP) |
| Japanese Yen (JPY) |
Swedish Krona (SEK) |
| Jordanian Dinar (JOD) |
Swiss Franc (CHF) |
| Kuwaiti Dinar (KWD) |
Tunisian Dinar (TND) |
| Moroccan Dirham (MAD) |
U.S. Dollars (USD) |
| New Zealand Dollar (NZD) |
UAE Dirhams (AED) |
| Norwegian krona (NOK) |
|
F/X Forward
An agreement between the bank and a customer to exchange two designated currencies at a specific time in the future based on today’s prevailing market rate.
These contracts provide a customer with a fixed exchange rate for a settlement that is not due for some time but is a known future requirement.
F/X Swap
The simultaneous purchase and sale of one currency against another for different future value dates. A customer might use an F/X swap to manage cash flows from the time goods are bought until they are sold.
F/X Options
This currency option has many similarities to an F/X forward deal and is often used for the same purpose. The most important difference to an F/X forward deal is that the owner of an option has the right, but not the obligation, to exchange one pre-agreed currency for another at a pre-determined exchange rate by, or on, a specified future date.
In many ways an option can be compared to an insurance policy in that it can protect a company from adverse movements in an exchange rate for the payment of an option premium.
Deposits
We are pleased to offer deposit facilities in the following currencies:
| Australian Dollar (AUD) |
Norwegian Krona (NOK) |
| Bahraini Dinar (BHD) |
Omani Riyal (OMR) |
| Canadian Dollar (CAD) |
Qatari Riyals (QAR) |
| Danish Krona (DKK) |
Saudi Arabian Riyals (SAR) |
| Euro (EUR) |
Sterling Pound (GBP) |
| Hong Kong Dollar (HKD) |
Swedish Krona (SEK) |
| Japanese Yen (JPY) |
Swiss Franc (CHF) |
| Kuwaiti Dinar (KWD) |
U.S. Dollars (USD) |
| New Zealand Dollar (NZD) |
UAE Dirhams (AED) |
Bonds and sukuks
Ahlibank offers a range of bonds and sukuks for customers looking for an alternative to simply placing funds on deposit for a fixed period at a fixed rate.
A bond is a debt note issued by a corporation, or country, to raise new capital at a pre-set interest rate.
Bonds and sukuks are normally issued for periods greater than one year, but with a highly developed secondary market customers have the flexibility to sell these holdings.
Interest rate risk hedging
Ahlibank offers its customers the opportunity to reduce their vulnerability to changes in interest rates by hedging their exposure via interest rate swaps or interest rate caps.
An interest rate swap (IRS), is an instrument that can provide a customer with the opportunity to protect long-term borrowings from future adverse movements in interest rates. An IRS does not involve a new cash borrowing; it is simply a vehicle for fixing the cost of an existing borrowing commitment.
An interest rate cap is an option-style interest rate hedging instrument. While there is no up-front cost for an IRS, an interest rate cap requires payment of an insurance-style premium. This offers the buyer the right, but not the obligation, to exercise the cap.
Structured deposits
A structured deposit that allows the customer to potentially receive a potentially higher return than on an ordinary deposit, based on the performance of an underlying market.