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Gulf Bank takes Best Retail Bank Award for fourth year in a row
- Kuwait: Monday, June 23 - 2008 at 08:36
- PRESS RELEASE
Gulf Bank has been recognized as the 'Best Retail Bank in the Middle East' for the fourth year in a row by Banker Middle East, the region's leading banking industry magazine.
Gulf Bank's success was announced at the Banker Middle East Industry Awards 2008 ceremony held in Dubai on 17th June 2008. Accepting the award on behalf of Gulf Bank were Mark Magnacca, General Manager Marketing and Ali Dashti, General Sales Manager. Winners were chosen by a specially selected judging panel of international industry experts comprised from companies such as rating agencies as well as the region's leading financial centers.
Gulf Bank has won the retail award four times in a row reinforcing its ongoing commitment to delivering the highest quality customer service. The Banker Middle East award is a testament to the Bank's success in building a world-class retail bank and emphasizes its reputation as a market leader that is continually offering new and innovative products and services while focusing on advancement and development.
Earlier this year, Gulf Bank won 'Bank of the Year' by Arabian Business Magazine, one of the leading business publications in the Gulf. Gulf Bank was selected on the basis of its profitability, customer service, asset growth, competitive pricing and product innovation.
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About Gulf BankGulf Bank is Kuwait's second largest and fastest growing commercial bank. Established in 1960, Gulf Bank has since progressed to becoming an industry-leading financial services provider complemented by a large network of 43 branches strategically positioned in key locations in Kuwait for the banking convenience of customers.
Gulf Bank has been awarded 'Best Bank in Kuwait' by Global Finance and 'Best Retail Bank in Kuwait' by The Asian Banker in 2007 and 'Best Retail Bank in the Middle East' for three years in a row by Banker Middle East.
Gulf Bank routinely surpasses its competition by focusing on one simple strategy: delivering superior customer satisfaction. The Bank has consistently delivered strong financial results in a highly competitive market environment reflecting its focused and effective business strategies.
Gulf Bank continues to grow and evolve its leadership position within the Kuwait banking community as a result of its innovative Transformation and Actualization Strategies that have been the driving force behind its management, operations and remarkable success since 1999.
The main businesses of the Bank are Retail Banking, Corporate Banking, Treasury, International Banking and Investment Management.
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Posted by Anne-Birte Stensgaard, Senior News Editor
