KUWAIT CITY: In its annual survey which gathers the opinion of hundreds of established financial experts, analysts, senior consultancy and executives from around the world, Global Finance Magazine awarded the National Bank of Kuwait (NBK) two new awards for the year 2019, the first is the “Best Bank for Liquidity Management Middle East and North Africa” and the second is “Best Treasury and Cash Management in Kuwait”.[the_ad id=”32940″]
Global Finance Magazine rates the best providers in treasury and cash management based on a variety of criteria that comprise profitability, market share, customer service, competitive pricing, innovative products and the level to which these institutions exceed their competitors in terms of providing treasury and cash management services.
The Magazine then announces the winners in the four sub-categories in 65 countries and seven geographic regions across the world, covering Africa, Asia and the Pacific, Central and Eastern Europe, Latin America, the Middle East, the North Region, North America and Western Europe.
The awards ceremony will be held on the sidelines of the International Banking Operations Seminar, SIBOS 2019, which will be hosted in London in September.
Headquartered in New York, Global Finance was founded in 1987 and has over 50,000 readers from 188 countries. Global Finance’s audience includes Chairmen, Presidents, CEOs, CFOs, Treasurers and other senior financial officers responsible for making investment and strategic business decisions at multinational companies and financial institutions.
Each year, Global Finance selects the best financial institutions in a thorough survey around the world. These awards have become a recognized and trusted standard of excellence, regionally and internationally.
NBK maintains the highest credit ratings among banks in the Middle East, receiving leading ratings from leading agencies such as Moody’s, Fitch and Standard & Poor’s. NBK has a strong capitalization and prudent lending policies, a systematic approach to asset management, and a stable management.
NBK is also ranked among the 50 safest banks in the world for the 13th consecutive year, and has been awarded the “Best Bank in Kuwait” by The Banker, Euromoney and Global Finance in 2018.