4 days ago
NBK named ‘Best Bank for Cash Management in Kuwait' for 2025
KUWAIT: Confirming its leadership in providing the best banking solutions for its customers, National Bank of Kuwait received the award of Best Cash Management in Kuwait for the third consecutive year in 2025 from Global Finance as part of the magazine's annual Best Treasury and Cash Management Awards.
Global Finance announced the winners of the best providers in treasury and cash management for the year 2025 in 71 countries and geographic locations across the world and the region covering Asia, Africa, the Middle East and the Pacific, Europe and the Americas.
The magazine rated the best providers in treasury and cash management based on a variety of criteria that include profitability, market share, customer service, accessibility, competitive pricing, innovative products and the level to which these institutions exceed their competitors in terms of providing basic treasury and cash management services. The magazine also utilized a multi-level approach to select winners, including participation from banks, service providers, analysts, executives of big corporates, tech experts and independent research.
NBK's win is a true global recognition for the tireless efforts of the bank's Treasury Group team in improving operational efficiency and providing excellent customer service by implementing numerous initiatives. The Treasury Group team also plays a pivotal role in ensuring the effective and efficient management of the bank's financial resources, contributing to future growth, reducing risks and increasing profits.
The robust digital foundation of NBK's Treasury Group has enabled the team to manage liquidity more efficiently and accurately, while hedging interest rate and foreign exchange risks, which has led to informed cash management decisions. NBK is reaping the rewards of its massive investments in developing its infrastructure, which aims to provide high-quality services to customers, along with its investments in its human capital.
