Gulf Bank wins Bank of the Year from Arabian Business

Press release
Published May 23rd, 2012 - 10:51 GMT

Al Bawaba
Al Bawaba

Gulf Bank has received the Bank of the Year award from Arabian Business, the best selling business magazine in the Middle East. The award was received by Mr. Fawzy Al-Thunayan, General Manager Board Affairs of Gulf Bank at a ceremony held in Kuwait at the Raya Ballroom, Marriott Courtyard, under the auspices of HE Mr. Anas Al-Saleh, Minister of Commerce and Industry, and was attended by HE Mr. AbdulAziz Al-Khaldi, Under Secretary of the Ministry. The ceremony was also attended by regional senior bankers, executives, and key figures in the business, financial and banking sectors. The The Best Ban’ award was evaluated by a panel of judges from the ITP Publishing group, the publishers of Arabian Business.

Mr. Al-Thunayan said: “We are extremely honored to be named ‘Bank of the Year’ by Arabian Business. This award is an acknowledgement of our efforts towards providing customer convenience and signifies our remarkable success in giving our customers the best and the fastest tailor-made banking services. Gulf Bank will continue seeking innovative ideas that further reinforce our reputation of being one of Kuwait’s leading Banks.

Looking ahead, we will continue to focus on the needs of our customers and on developing our customer base as we address new opportunities to grow and deliver excellence in corporate and consumer banking services to the Kuwait market”added Mr. Al-Thunayan.

Gulf Bank has already won a number of important industry awards in 2012, including: ‘Best Retail Customer Service’ and ‘Best SME Startup Package’ awards for 2012 by Banker Middle East; ‘2012 Best Foreign Exchange Bank Provider’ in Kuwait by Global Finance Magazine and Best Retail Bank by Asian Banker 2012 and ‘Best Creativity’ Award from Pan Arab Web Award.

Background Information

Gulf Bank

Gulf Bank is one of the leading conventional banks in Kuwait with total assets of KD 6 billion for year ended 31 December 2018. The Bank provides a broad offering of consumer banking, wholesale banking, treasury, and financial services through its large network of 58 branches and more than 200 ATMs in Kuwait.

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