KIB bags award for ‘Best Strategic Vision in Banking’
As a continuation of its outstanding track record of accomplishments, Kuwait International Bank (KIB) was recently awarded ‘Best Strategic Vision in Banking’ at the 2017 Arab Banks Awards & Commendations of Excellence ceremony. The ceremony took place in Beirut and was organized by the World Union of Arab Bankers (WUAB).
Chairman of KIB, Sheikh Mohammed Jarrah Al-Sabah, received the award during a special ceremony organized by the WUAB; the organization which currently has more than 500 members from across the region. The ceremony was attended by a number of leaders in the banking and financial world, as well as several prominent figures, both regionally and internationally. Additionally, during the ceremony, The Banking Executive magazine, recognized and commemorated the outstanding achievements of several distinguished Arab banks.
This award serves as a testament to KIB’s outstanding leadership in the local banking sector, as it continues to carve a place for itself within Kuwait’s economic landscape. The Bank continues to implement a focused approach, which has positively reflected on its performance and contributed to the success of its strategic objectives. Recognizing KIB’s excellence in several key areas, the award honored KIB’s continuous focus on innovation; its implementation of the highest standards of professional integrity; its commitment to sustainable practices; its efforts to ensure the satisfaction of customer needs and interests; its ability to provide stand-out products and services; its strategic risk management; its ability to attract highly skilled talent and develop employees; as well as its sustained growth in profits, stemming from its outstanding financial performance.
On this occasion, Al-Jarrah expressed his delight at receiving the award on behalf of KIB: “I am honored to receive this prestigious award on behalf of the Bank. Through our hard work, commitment and focused vision, we have managed to come a long way since our inception. We at KIB strongly believe that our success is built upon our visionary outlook. Today, KIB is a leading Islamic bank, locally and regionally, and I am proud to say is continuously being recognized for its pioneering, forward-thinking strategy that has driven its continuous success.”
Al-Jarrah pointed out that KIB’s successful strategic vision stems from its belief in the importance of encompassing all aspects of performance and operations. This includes operational excellence, customer satisfaction, optimization of products and services, as well as enhanced customer service levels for both individuals and institutions.
Over the past several years, KIB has garnered a number of prestigious awards and recognitions. These accomplishments are a testament to the Bank’s excellence and leading reputation within the local and regional banking industry, which is credited to its continuous focus on customer satisfaction, specialized products and services, and its commitment to maintaining the highest banking standards within all its operations.