ABK wins Best Corporate Bank award from International Finance magazine
KUWAIT: Al-Ahli Bank of Kuwait (ABK) is pleased to announce its recognition as Best Corporate Bank by International Finance, a testament to its unwavering commitment to excellence in corporate banking. The prestigious accolade reflects the Bank’s exceptional achievements and contributions to the corporate sector. The award was presented at a ceremony held at Jumeirah Emirates Tower Hotel in Dubai where ABK representatives were honored to receive this esteemed recognition. The event brought together leading figures and experts from across various sectors, further highlighting the significance of ABK’s achievement in winning Best Corporate Bank.
Loai Muqames, CEO-Kuwait at ABK, expressed his delight at the bank’s achievement, stating, “This accolade signifies our unwavering dedication to delivering exemplary corporate banking services and our steadfast commitment to supporting the diverse needs of our corporate clients.”
Muqames emphasized ABK’s continuous efforts to provide innovative solutions and superior financial products, tailored to meet the specific requirements of corporate customers. He underscored the Bank’s dedication to enhancing its corporate banking offerings, empowering clients with comprehensive financial solutions and strategic advisory services to support their growth and success.
Yasmine Salamah, General Manager of Multinational Corporates and Structured Finance at ABK, highlighted the strategic importance of the award in recognizing ABK’s exceptional performance and significant contributions to corporate banking. Salamah emphasized the Bank’s dedication to enabling its corporate clients to thrive by offering new products, expanding their projects, and providing invaluable financial advice at the highest level.
She said, “ABK has played a substantial role in financing major development projects in alignment with Kuwait’s 2035 vision for growth and development. The Bank endeavors to continue to offer its support to companies across all sectors in both local and international markets.” ABK’s win as the Best Corporate Bank underlines its success in providing substantial financing across diverse sectors, exemplifying its ability to meet the complex needs of corporate clients with excellence.
Commenting on the achievement, Ahmad Al-Duwaisan, General Manager of Corporate Banking, said, “This award reflects the Bank’s continued adherence to international standards when it comes to serving corporate clients. We endeavor to continue to meet their aspirations and support the development of their operations as their trusted banking partner.”
Al-Duwaisan praised ABK employees’ efforts which greatly contributed to enhancing the Bank’s position in the corporate banking sector. He affirmed that ABK will continue to seize opportunities and provide added value to contribute to even more accomplishments. This award is one of many accomplishments and accolades that ABK has received this year, adding to the Bank’s impressive track record of years of achievements. In the past year alone, ABK has been recognized for its outstanding performance, innovation, and commitment to excellence in the banking industry across human resources, retail, governance, and corporate banking. Furthermore, it solidifies ABK’s position as a key player in the corporate banking landscape, reflecting its commitment to continuously evolving while catering to the dynamic demands of the sector. With a focus on delivering exceptional financial solutions and fostering strong partnerships, ABK remains dedicated to empowering businesses and contributing to their sustained success.
Since its establishment in 1967, ABK has progressed to become one of the leading Kuwaiti banks in the region that offers a wide array of personal, corporate, and private banking products and services. ABK also provides a broad range of local, regional, and global investment solutions and services through its subsidiary, ABK Capital. This is in addition to ABK’s three branches located in Dubai, Abu Dhabi, and Dubai International Financial Centre (DIFC) in the United Arab Emirates, servicing both Kuwaiti and Emirati individual and corporate clients.
ABK is a strong supporter of Central Bank of Kuwait and Kuwait Banking Association’s ‘Let’s Be Aware’ awareness campaign. Through its various initiatives, the Bank aims to promote financial inclusion by educating Kuwaiti society about customers’ rights, responsibilities, and the different types of banking and special needs services. Additionally, ABK consistently provides strategic information on how to avoid banking and financial fraud, loan application requirements, digital services, and more.