KIB wins CFI.co’s 2025 Award for Excellence in Innovative Corporate Banking Services

Kuwait International Bank (KIB) is proud to announce that it has been awarded the prestigious title of “Excellence in Innovative Corporate Banking Services – MENA 2025” by the Capital Finance International (CFI.co) Awards. This recognition underscores KIB’s notable role in delivering cutting-edge, Shari’ah-compliant banking services, and reflects its strategic commitment to bolstering the banking landscape in Kuwait and beyond.

The CFI.co judging panel commended KIB for its outstanding performance in offering diverse banking solutions, from financing various commercial activities, projects and trade services, to treasury products and bespoke advisory, tailored to the specific needs of corporate customers and aligned with Islamic Shari’ah principles. The award also recognizes KIB’s contribution to advancing economic development by financing major infrastructure projects in alignment with Kuwait’s Vision 2035.

Commenting on the Bank’s latest achievement, Hesham Al Mubaraki, General Manager of the Wholesale Banking Department at KIB, stated: “We are very proud of KIB’s continued recognition on the international stage. This award reflects the success of our forward-thinking approach and our unwavering commitment to empowering corporate customers through tailored financial solutions and digital innovation. At KIB, we continue to anticipate the evolving needs of our customers, delivering banking services that are not only compliant with Shari’ah, but also creative and aligned with global standards of excellence.”

Al Mubaraki emphasized that KIB has rapidly evolved through substantial investments in digital capabilities and product development. At the core of this advancement is the KIB Digital Factory, an innovation hub designed to attract and nurture top-tier talent focused on developing next-generation banking products and services. Through this initiative, KIB has launched specialized digital platforms, upgraded existing channels, and integrated digital tools into core business operations.

Al Mubaraki added: “Looking ahead, KIB aims to expand its reach by pursuing new business ventures, offering Banking-as-a-Service (BaaS) to non-banking institutions. The Bank also aims to explore opportunities in non-traditional banking activities and plans to introduce a wider range of investment products, along with additional services and offerings provided by the Treasury Department. Through its innovative financial offerings, KIB is committed to playing a key role in fostering the growth of entrepreneurs and startups, empowering the next generation of businesses to thrive.”

It serves to note that CFI.co is one of London’s most prominent media platforms specializing in covering business, economy, and finance news, while its awards program stands as one of the largest international forums to evaluate and recognize individuals and institutions that have contributed to providing the highest standards of innovation and excellence in the economic and financial sector worldwide.