A new accomplishment has been added to its record of success of 2018 as Warba Bank – has been awarded by CBI Financial to receive two prestigious awards. The awards came as a result for its distinguished performance in the domain of financing solutions, creative banking products and the huge growth the bank witnessed at all levels. The ceremony was held at Jumeira-Dubai Hotel on December 6th, 2018.
The leading magazine, one of the most trusted magazines in the banking classification, has chosen Warba Bank to win the “Best Corporate Advisory” award for the second time in a row, in addition to “Kuwait's Fastest Growing Islamic Bank” award.
“We are honored to receive these awards by a prestigious institution such as CBI Financial, which will be added to Warba Bank's record of success and achievements. These awards affirm the bank’s leading position in the Kuwaiti market as being customers’ first choice for individuals and corporate as well due to our innovative, modern, exclusive yet Shariah compliant banking solutions and products”, stated by Shaheen al Ghanim- Warba Bank CEO.
He added: “Receiving “Best Corporate Advisory” award demonstrates the confidence our corporate clients have in us, in our financing solutions and our distinguished banking products. The great facilities and the quick completion of transactions are also two key factors in making us lead the corporate financing sector and holds significant deals in the Kuwaiti market”.
Al Ghanim referred “Kuwait's Fastest Growing Islamic Bank” award to several factors; including the major financing and acquisitions Warba made inside and outside Kuwait, in addition the its recent step to increase its capital by 50% which would enable Warba to achieve further growth; invest in improving its digital services and expand geographically to cover most of Kuwait’s areas.
CBI Financial is renown worldwide as being one of the best and credible institutions in evaluating financial institutions and managing financing and banking awards. The institution publishes several publications specialised in finance such as the Banker Middle East magazine. The Award winner is selected based on criteria including performance and financing indexes, accordingly the committee formed of calibres in banking industry, votes for winner.
