Kuwait Finance House (KFH) has won “Best Bank in Kuwait” award from the Banker Middle East magazine that is specialized in the banking sector. KFH was listed among best banks in the Middle East for 2014. This award serves to recognize KFH’s successful and outstanding performance in the banking industry, in addition to its contributions to achieve the comprehensive development and its significant role in assuming the social responsibility.
Emad Al-Sarawi, DGM Retail Distribution, stated in a press statement on the heels of receiving the award on behalf of KFH in a ceremony that was attended by several experts and decision makers in the regional and global banking field in Dubai, that the “Best Bank in Kuwait” award is of great importance, since it highlights the bank’s robust position and reflects its leading role in the banking sector. He noted that KFH was granted this award based on accurate assessment made by international experts.
He added that KFH managed to reinforce its role and expand its field of business in Kuwait, the region and the Middle East. In addition, he said that KFH is eager to establish concrete pillars based on offering services and products that meet the market requirements, and assume the social responsibility. He noted that specific criteria based on banking assets, total income, net profit, and return on assets, is taken into account by the magazine to determine the winners.