Euromoney, the renowned international magazine in the finance industry, has recently awarded National Bank of Kuwait (NBK) the "Best Private Bank for 2011".The award was announced in Euromoney’s special edition on top global banks in wealth management and private banking services.
The "Best Private Bank for 2011" award was presented to NBK's General Manager-Private Banking Group, Malek Khalife at a glittering Dinner and Awards Ceremony that was recently held in London.
Commenting on the occasion, Malek Khalife said that awarding NBK the prestigious title of "the Best Private Bank" for the third consecutive year, surpassing not only local banks and financial institutions but also all foreign banks and financial institutions, reflects the constant confidence the customers vest in NBK and their appreciation of the superb quality of its services and investment products. The significance of this award is further amplified under the current unfavorable global economic circumstances, during which NBK emerged as the Best Bank in the Middle East and the safest bank in the Arab World.
Khalife stressed that the excellent, strong and durable relationships NBK has always maintained with its High Net-Worth customers, enabled the bank to assume a unique and leading position in the field of Wealth Management and Private Banking on both local and regional markets. NBK also succeeded in maintaining the highest service quality standards while consistently endeavoring to provide the most innovative spectrum of investment and Wealth Management products and solutions to satisfy the increasingly changing needs of customers.
"Thanks to its largest local and international network strategically located in the major world financial centers, NBK has always maintained a dominant and advanced position to provide the best banking and investment solutions that covers a wide range of international markets, taking into consideration the specific profile of each and every customer" Khalife added.
"I take this opportunity to express my sincere thanks and gratitude to both the trust of NBK clients as well as the invaluable efforts of the Private Banking team that enabled the bank to win such a prestigious title", Khalife said.