The Banker’s 2019 Award for Islamic Banks
Boubyan Bank has been named the best Islamic Bank in Kuwait due to the remarkable growth rates achieved by the bank over the review period, and owing to its innovative approach towards providing Sharia-compliant banking services and products. The bank has already recorded a 12% growth in net profits until September 2019, while the total assets grew by 18% and the financing portfolio grew by 14%. Additionally, the corporate credit portfolio grew by 16% side by side with the continuous growth of the bank’s customers base.