In selecting NBK for the award, the magazine said that NBK's outstanding performance, high asset quality, and conservative risk profile as well as its management expertise and its clear strategy have always been a positive attribute of NBK's financial profile that has consistently earned the bank the lofty and prominent position it enjoys.
The award was presented to the General Manager of International Bank of Qatar (IBQ), NBK's associate, on behalf of NBK, at an award ceremony recently held at Ritz Hotel in Doha, Qatar, with more than 400 regional financial institutions CEOs attending the event.
Commenting on the Banker Middle East Awards, BME Editor in Chief, Paul MacNamara unveiled that NBK has deservedly won the award as a result of a fierce competition between major banks in the region, indicating that the BME Awards, now in their eighth consecutive year, have become a prominent criteria for excellence and leadership in the banking sector.
Banker Middle East awards NBK the 'Best Bank in The Middle East 2007'
Banker Middle East (BME), the leading magazine in the world of finance, has recently awarded the National Bank of Kuwait (NBK) the 'Best Bank in the Middle East 2007', stating that the Bank enjoys an all-inclusive predominance amongst all banks in the region.
- Kuwait: Monday, May 21 - 2007 at 11:46
- PRESS RELEASE
Notes and media contacts
Issued by National Bank of KuwaitFor more info, please contact PR Office :
Tel: 259 3258-259 2243
Fax: 2465190
Posted by Anne-Birte Stensgaard, Senior News EditorMonday, May 21 - 2007 at 11:46 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This Article was updated on Thursday, May 24 - 2007
Index : Company News : National Bank of Kuwait (NBK)
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Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
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