National Bank of Kuwait (NBK) has been named the ‘Best Emerging Markets Bank in the Middle East and Kuwait 2013’ for the fourth consecutive year by the prestigious international financial publication Global Finance.
In its exclusive annual survey of the best Emerging Markets banks in the world in 2013, NBK was chosen the Best Bank in the Middle East and Kuwait based on input from industry analysts, corporate executives and banking consultants. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.
“Each region and individual country presents unique challenges for banks and their customers, especially under the difficult conditions global financial markets continue to face,” says Joseph Giarraputo, publisher of Global Finance. “For this reason, customers must depend on excellence in execution from their banking partners.”
NBK was also recently named among the ‘World’s 50 Safest Banks’ for the seventh consecutive time, illustrating the success of the bank’s conservative strategy, prudent risk management dedication excellent customer service.
NBK enjoys the highest credit ratings among all the banks in the Middle East and North Africa region by international rating agencies Moody's, Standard & Poor's, and Fitch Ratings.