Gulf Bank bags coveted Global Finance award

Gulf Bank is proud to be named ‘Best Treasury and Cash Management Bank 2017 Kuwait’ from Global Finance, one of the world’s leading monthly financial magazines. This award recognizes providers who offer sophisticated solutions with an innovative technology backbone that is also client friendly.

Commenting on this international recognition, Laila Al-Qatami, Assistant General Manager-Corporate Communications at Gulf Bank said: “As technology continues to transform the treasury and cash management landscape, Gulf Bank has worked to improve its services and offerings to clients for cash management. We are pleased to be recognized from among our peers as the ‘Best Treasury and Cash Management Bank in Kuwait’ from Global Finance.”

In its 17th annual world’s best cash management and provider awards, Global Finance selected an overall global winner and a global winner in seven key sectors. It also selected winners in 55 countries and regional winners in North America, Western Europe, Central and Eastern Europe, Asia-Pacific, Latin America, Middle East, Africa and the Nordic region. Additionally, in each region, winning banks have been selected across five categories encompassing cash management, payments and collections, liquidity, working capital optimization and short-term investments/ money market funds. Global Finance uses a multi-tiered assessment process which includes a readers’ poll, input from industry analysts, corporate executives, technology experts and independent research in order to select the best providers of treasury and cash management services. A variety of subjective and objective stringent criteria were considered, including: profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors around core service provision.

Global Finance, founded in 1987, is a monthly magazine that has a circulation in 192 countries.

It offers analysis and articles that are the heritage of 30 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance awards and recognition programs are backed by a 30-year legacy of editorial integrity. Corporate and financial readers rely on them as the trusted standard of excellence for the financial industry.