Kuwait Finance House "KFH" came in the first place among the Kuwaiti local banks, while assuming the tenth place on regional level and the 164th place on the global level, among the list issued by "The Banker" international magazine, the affiliate of Group "Financial Times Group" among the best Top 1000 worldwide.
On his part, KFH ceo, mohamed Suliman al- omar , said in a comment on this report: "The advanced rankings are yet another confirmation of the strong financial position KFH enjoys and a further proof of its leadership and excellent performance, and at the same time reflect the KFH's ability to overcome the current economic circumstances and continue to grow in the face of challenges while maintaining financial indicators that contribute to enhancing such abilities.
Al-omar added: KFH by securing this position creates further motivation to keep on the achievements and successes vivid in a manner consistent with the global reputation it enjoys with the various bodies which translates into a lot of awards and appreciation prizes KFH has received on both regional and global levels. In this regard, he stressed that KFH attaches great importance at this stage to quality and achievement through governance of potentials and maximum utilization of human capabilities available, which are key secrets of this distinctive success.
Al-omar stressed that the diversity of KFH investments both qualitatively and geographically through presence in various areas of investment and well-studied geographical expansion as manifested in many effective markets, also gives KFH the advantages and a preference we are keen on investing in.
Al-omar further said: The remarkable status attained by KFH reflects its multiple achievements and commitment to the highest degree of professionalism while adopting the highest standards of risk management and well-advised practices.
KFH has claimed a lot of awards and appreciation prizes from independent international and regional prestigious institutions; some during the current global financial crisis, which confirms its creditworthiness and ability to deal professionally with the different economic conditions.
KFH attaches paramount importance to the policy of well-studied geographic expansion, as it currently has 200 branches spread locally and internationally in Turkey, Malaysia, Saudi Arabia, Bahrain, the United Arab Emirates, Jordan, Germany and Australia. At the same time, KFH shows great interest in adopting the best and most modern international systems in the field of technology and human resources development.