KFH wins 3 awards from EmeaFinance
‘Awards affirm integration of bank’s performance with its value system’
KUWAIT CITY, March 13: The prestigious EmeaFinance Magazine has awarded Kuwait Finance House (KFH) Best Islamic Bank in Kuwait, Best local Bank and Best product launch awards, in recognition of its outstanding performance in the field of Islamic finance and the distinguished achievement that contributed to the development of banking industry.
Group Chief Retail and Private Banking Officer, at KFH, Waleed Mandani stated on the sidelines of receiving the awards at the award ceremony held in Dubai that KFH managed to reinforce its role and expand its field of business in Kuwait and across the globe, indicating KFH is the first Islamic bank in Kuwait, and it has a proven track record of achievements at the local, regional and global levels.
KFH is eager to establish concrete pillars for Islamic finance based on developing staff, offering innovative services and products that meet the market requirements, and strengthens the concept of social responsibility. KFH’s performance and professional commitment underscore its reputation that is based on its financial status, and its leadership in that field.
Mandani said that the awards are of great importance, since such awards affirm the integration of KFH performance and the harmony with the value system.
EmeaFinance awarded KFH after editorial team evaluated all submissions received, and considered the content and performance of all entries in each category submitted for. The editorial team draws upon third-party information and data in the process. The team may also review comments and ratings from Moody’s, standard & poor’s,
Mandani receiving the awards
Fitch and other third party rating agencies. The team seeks advice from bankers, research analysts, or other knowledgeable consultants.
The awards consider various performance and structural factors, such as market share, growth in important product classes, type or size of successful deals closed, profitability and corporate strategy.
EmeaFinance is a bi-monthly magazine dedicated to the financial community, its customers, and suppliers across the EMEA region; Europe, Middle East, Africa.