Kuwait, 19 May 2009 - Kuwait Finance House (KFH) bagged the “Best Islamic Bank in Kuwait and “Best Islamic Bank in the Gulf” awards in the Global Finance Awards 2009. The awards are a recognition of KFH’s role in developing and cementing the Islamic Finance industry, locally in Kuwait and the Gulf Cooperative Council ( GCC) region, as well as globally.
Mr. Mohammad Al-Omar, Chief Executive Officer, KFH commented, “These awards have come as a result of carefully strategising our every move. By bringing home these awards KFH has once again embarked on another journey ¿ a challenge to supersede the standards set by itself in its constant pursuit to improve on its products and services, locally, regionally as well as globally.”
It is worth noting that the latest two awards are amongst numerous awards that KFH has won over the years. These include, “Best Banking Brand” by The Banker in 2009, where KFH took first place amongst Arab banks, with a brand valued at USD 763 million. KFH also won the “Best Islamic Bank,” “Most Innovative Islamic Bank” and “Best Islamic Bank in Kuwait” awards for the second consecutive year in a poll organised by Islamic Finance News. It also prevailed as the “Best Islamic Bank in the Middle East” and received the “Best Real Estate Services offered by an Islamic Bank” awards by Euromoney. In addition, it also obtained the “Best Bank in Kuwait” award from The Banker, as well as 10 other awards in 2008, all of which celebrated KFH’s performance and development.
The Global Finance awards are awarded to institutions that demonstrate growth in assets, profit rates, geographical locations, strategic relationships, and the development and innovation of products and was presented to KFH after thorough screening from the officials as well as on recommendations from industry experts, financial analysts and executives from top banking and financial institutions.
Mr. Mohammad Al-Omar, Chief Executive Officer, KFH commented, “These awards have come as a result of carefully strategising our every move. By bringing home these awards KFH has once again embarked on another journey ¿ a challenge to supersede the standards set by itself in its constant pursuit to improve on its products and services, locally, regionally as well as globally.”
It is worth noting that the latest two awards are amongst numerous awards that KFH has won over the years. These include, “Best Banking Brand” by The Banker in 2009, where KFH took first place amongst Arab banks, with a brand valued at USD 763 million. KFH also won the “Best Islamic Bank,” “Most Innovative Islamic Bank” and “Best Islamic Bank in Kuwait” awards for the second consecutive year in a poll organised by Islamic Finance News. It also prevailed as the “Best Islamic Bank in the Middle East” and received the “Best Real Estate Services offered by an Islamic Bank” awards by Euromoney. In addition, it also obtained the “Best Bank in Kuwait” award from The Banker, as well as 10 other awards in 2008, all of which celebrated KFH’s performance and development.
The Global Finance awards are awarded to institutions that demonstrate growth in assets, profit rates, geographical locations, strategic relationships, and the development and innovation of products and was presented to KFH after thorough screening from the officials as well as on recommendations from industry experts, financial analysts and executives from top banking and financial institutions.