Kuwait Finance House (KFH) has been recognized as the "Best Bank for Financial Institutions in the Middle East for 2025" by Global Finance. This prestigious award is part of Global Finance's 25th annual Best Treasury & Cash Management Banks awards for 2025.
Group General Manager of Financial Institutions at KFH, Abdullah AlMarzouq expressed his appreciation for the award while on the sidelines of the ceremony in Frankfurt, Germany. He noted that the recognition validates KFH's leadership and excellence in providing advanced services to financial institutions throughout the region. He emphasized that KFH's Financial Institutions (FI) Department has played a pivotal role in advancing cross-border banking capabilities and strengthening correspondent banking networks.
He added that this achievement is a testament to the unwavering commitment to excellence, innovation, and the highest standards of service in the financial sector, while reflecting the leadership in providing top-tier treasury and cash management solutions.
AlMarzouq explained that KFH is a trusted regional partner for financial institutions, maintaining significant influence in both regional and global markets. He further noted that the bank's extensive network of strong international banking relationships enables it to provide advanced Islamic financing solutions and effectively link local markets to worldwide financial opportunities.
AlMarzouq explained that KFH introduced several digital enhancements and innovations that improved processing speed and compliance integrity, such as:
- Integrated SWIFT GPI capabilities to improve payment transparency and tracking.
- Automated nostro reconciliation tools, reducing manual errors and operational risk.
- Implementation of automatic compliance screening tools to enhance onboarding and transaction filtering efficiency.
AlMarzouq reiterated that KFH remains committed to delivering exceptional value to its clients and stakeholders, indicating the award serves as an impetus to continue pushing the boundaries and pursuing excellence in the financial industry.
Criteria and mechanism
Global Finance's annual awards are highly regarded in the industry, recognizing banks and financial institutions that demonstrate excellence in treasury and cash management. The selection process involves a rigorous assessment of various criteria, including market share, customer service, product innovation, and the ability to meet the evolving needs of clients.
Global Finance used a multi-tiered assessment process—which included entries from banks and providers and input from industry analysts, corporate executives, technology experts and independent research—to select the best providers of treasury and cash management services. A variety of subjective and objective 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.
Treasury & Cash Management
“Driven by digital advancements and demand for visibility, the Treasury and Cash Management sector is rapidly evolving,” said Joseph Giarraputo, founder and editorial director of Global Finance. “Corporations seek integrated platforms with automation and AI, while financial institutions offer innovative solutions for efficiency and transparency. The Treasury and Cash Management Awards recognize those excelling in this changing landscape."
Global Finance
Global Finance, founded in 1987, has a circulation of 50,000 and readers in 188 countries, territories and districts. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 38 years of experience in international financial markets. Global Finance is headquarters in New York, with offices around the world.