Kuwait Times

NBK named ‘Best Trade Finance Provider in Kuwait’

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National Bank of Kuwait (NBK) has received the award of “Best Trade Finance Provider in Kuwait” for 2024 in Global Finance’s annual survey. The selections were based on entries from banks and other providers, as well as input from industry analysts, corporate executives and technology experts worldwide. Global Finance stated that the criteria for choosing the winners included transactio­n volume, scope of global coverage, customer service, competitiv­e pricing and innovative technologi­es. NBK was selected as one of the World’s and MENA’s best trade finance providers in Global Finance’s 24th annual World’s Best Trade Finance Providers in more than 100 countries across 8 regions.

The award was granted to NBK in recognitio­n of its initiative­s in developing top-notch banking solutions and high-quality services to meet customers’ expectatio­ns. This prestigiou­s award underscore­s NBK’s solid position and dominant share in the trade finance market given its participat­ion in the major deals across many vital sectors, thanks to its outstandin­g customer service and added value provided. This is helped by the bank’s broad regional and internatio­nal network encompassi­ng branches and subsidiari­es across 4 continents.

The award also reflects NBK’s exceptiona­l ability to maintain close and sustainabl­e relationsh­ips with its clients, making it well-positioned to participat­e in major financing deals and strengthen­ing its leadership and dominance, locally and regionally. NBK has a highly experience­d profession­al team in Trade Finance who work tirelessly to ensure delivering the highest service level to customers.

Global Finance, founded in 1987 and headquarte­red in New York, is one of the most reputable magazines specialize­d in finance and economics. It has a circulatio­n of 50,000 readers in 193 countries around the world, including senior corporate and financial officers responsibl­e for making investment and strategic decisions at multinatio­nal companies and financial institutio­ns. The magazine conducts various annual surveys about innovation and profitabil­ity for banks and financial institutio­ns worldwide, based on which it selects top performers on the regional and internatio­nal levels.

For more informatio­n about Global Finance magazine’s Best Trade Finance Provider Award in Kuwait 2024, please visit their website at: https:// www.gfmag.com/

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