Award-Winning Criteria: •Kuwait’s Best Islamic Digital Bank Boubyan Bank stood out by offering a unique cutting edge digital banking experience relying on innovation, security, and usability, with a significant growth in customers who use our digital offerings. •Kuwait’s Best Digital Bank for SMEs Boubyan adopted dedicated digital solutions for corporates that make it easier to manage financial operations and can efficiently integrate with business systems. •Kuwait’s Best Bank for Corporate Responsibility This came to recognize Boubyan’s commitment to an influential CSR strategy, relying on education, the environment, and youth empowerment, with true measurement of the impact. •Kuwait’s Best Islamic Project Finance House Boubyan succeeded in structuring innovative Sharia-compliant financing solutions, which supported strategic development projects inside Kuwait. •The UAE’s Best Islamic Project Finance Deal Boubyan succeeded in leading a major finance deal in the UAE with a Sharia-compliant structure, rendering it the only Kuwaiti bank to have participated in this unique accomplishment, since this project aligns with Dubai’s clean energy and Net Zero strategies. This project stands as an example for how Islamic finance can provide a true support to sustained development. Read Less

This recognition emphasizes Boubyan Bank’s commitment to innovation based on actual results. The recognition was based on a group of meticulous criteria such as the bank’s leadership in offering integrated digital banking solutions that align with the bank's digital transformation strategy, in addition to the positive effect on customers’ experience and the efficiency of banking operations. Read Less

This recognition emphasizes Boubyan Bank’s commitment to innovation based on actual results. The recognition was based on a group of meticulous criteria such as the bank’s leadership in offering integrated digital banking solutions that align with the bank's digital transformation strategy, in addition to the positive effect on customers’ experience and the efficiency of banking operations. Read Less

The bank received the awards for the “Best in Class International Spends (ITV) Growth - All Visa Cards”, the “Best in Class Premium International Spends (ITV) Growth for Premium Visa Cards”, and the “Kuwait Airways Prepaid Growth”. This recognition is based on a thorough assessment that demonstrated Boubyan Bank’s distinction in offering banking solutions that enhance customers’ experience and meet their needs, whether for online shopping, travel, or others. Read Less

The award reflects Boubyan Bank’s commitment to adopting the best international standards in customer service, and offering a high-quality service level that exceeds expectations, while taking pivotal steps towards enriching customers’ experience, which is an integral part of the success of the strategy that targets robust performance and the growing success of the bank. Boubyan’s choice by Service Hero relied on a group of criteria including a survey that extended over one year among consumers who evaluated companies on a scale of 10 against their service-level expectations, their experience and satisfaction following the customer-service experience. The evaluation relied on many elements such as staff’s attitude, location of the bank, speed of service, confidence in the product, quality of service or product, value for money, the contact center, and the website of the bank. Service Hero’s survey implements a strict protocol to confirm the identity of consumers who take part in the survey. Read Less

Boubyan has continued topping the pyramid of customer service in Kuwait, evidenced by earning two awards from Service Hero, the international consumer-driven customer satisfaction index. The bank was named the Best Islamic Bank in Customer Service for the 13th year in a row since 2010, in addition to receiving the First Place Award in Customer Service as a Country Winner across all economic sectors in Kuwait. Boubyan’s choice by Service Hero relied on a group of criteria including a survey that extended over one year among consumers who evaluated companies on a scale of 10 against their service-level expectations, their experience and satisfaction following the customer-service experience. The evaluation relied on many elements such as staff’s attitude, location of the bank, speed of service, confidence in the product, quality of service or product, value for money, the contact center, and the website of the bank. Service Hero’s survey implements a strict protocol to confirm the identity of consumers who take part in the survey. Read Less

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This prestigious award is very special since it is given for the first time ever in MEED’s history to recognize the most prominent and top visionary CEOs, with the ability to effect a significant change not only institution-wise but also across the MENA banking industry as a whole. Read Less

These awards reinforce Boubyan’s status as a pioneer and a leader in making innovative digital banking offerings, which meet the daily needs of its customers through cutting-edge services and solutions, thus rendering the bank the first and best choice domestically and regionally. Read Less

The “World’s Best Islamic Digital Bank” Award for a full decade atop major Islamic financial institutions, coupled with receiving a similar award in the same domain across the Middle East and Kuwait, in addition to the award for the “Best Corporate/Institutional Digital Bank in Kuwait”. Additionally, the bank’s Business Banking Department serving SMEs, received two awards for the “Best SME Banking/SME Platform in Kuwait” and the “World’s Best SME Payments Innovation”. Global Finance recognized Boubyan Bank with the Islamic digital banking awards at the global, regional, and local levels based on the following criteria: success of its strategy focused on investment and expansion of its digital services, enhancing its role in digital financial inclusion through the innovative digital solutions it offers, success in getting clients to use digital offerings and growth of customers who use digital banking services through their various channels, whether through online banking or smart phones. Global Finance’s awards are particularly important because of the awarding international institution, which is renowned for its complete impartiality, strict and accurate selection criteria, coupled with the fact that the awards received by the bank reinforce the global status of the bank nowadays. Read Less

Global Finance recognized Boubyan Bank with the Islamic digital banking awards at the global, regional, and local levels based on the following criteria: Success of its strategy focused on investment and expansion of its digital services, enhancing its role in digital financial inclusion through the innovative digital solutions it offers, success in getting clients to use digital offerings and growth of customers who use digital banking services through their various channels, whether through online banking or smart phones. Global Finance’s awards are particularly important owing to the international institution that awards them, which is renowned for its complete impartiality, strict and accurate selection criteria, coupled with the fact that the received award reinforces the global status of the bank nowadays. Read Less

The award was a result of a thorough assessment, thus reflecting the bank’s excellence and its leading role in adopting ESG standards, as well as adopting and improving international practices to achieve sustainable environmentally-friendly growth, in addition to choosing the bank’s goals through which we reinforce the importance of the private sector’s contribution to building the Kuwaiti society. Global Finance’s awards are particularly important owing to the international institution that awards them, which is renowned for its complete impartiality, strict and accurate selection criteria, coupled with the fact that the award received by the bank reinforces its status globally. Read Less

This ranking is based on the reports issued by top financial rating agencies worldwide, which demonstrate through evidence the bank’s ability to take all approved and internationally recognized precautions and financial measures necessary to maintain the robustness and consistency of the bank’s assets. The ranking is particularly important owing to the significance and strength of the awarding entity, which is renowned for its fairness, strength, and reliance on numbers and confirmed reports as a reference, especially that this ranking reflects the gradual growth of Boubyan Bank and its climbing to the third place in the local market. In its assessment and ranking of the safest banks, Global Finance’s assessment was based on long-term credit ratings of banks by international credit rating agencies such as Moody’s, Fitch, and Standard & Poor’s, in addition to other criteria pertinent to the total assets of the list of the Top 500 Banks worldwide. Read Less

This came in light of the bank’s achievement of sustainable growth across its various financial indicators and market shares, as well as its outstanding performance and the materialization of its vision which targets the growth of its customer base and offering solutions and products which meet the needs of various segments in a manner that provides them with a unique banking experience. Winning Criteria Set by the Panel of International Judges: Global Finance explained its rationale behind giving this award to the bank, stating that over the past years Boubyan managed to make great leaps in terms of growing its financial indicators, especially its market shares, in one of the most competitive markets in the region. Read less

This highlights the constant efforts of the bank towards improving its banking services. This award is based on the exerted efforts over the past years, and ongoing follow-up to offer more products and services that meet customers’ needs and make their lives easier, which left the bank’s mark on the Islamic digital banking sector. The bank now enjoys a clear banking and digital influence in shaping a promising future in Kuwait and the region as a whole. Global Finance’s awards are particularly important because of the international institution that awards them, which is renowned for its impartiality, strict and accurate selection criteria, coupled with the fact that the award received by the bank affirms the global status the bank enjoys now. Read less

Boubyan Bank named as Best Islamic Bank in Kuwait Award from Global Finance. Read less

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The international institution recognized Boubyan with this award on the back of Boubyan’s financing deals to major projects and companies, which reinforced its strategy in the financing market and its role in the growth of the banking industry through its financing solutions which contribute to the growth of Islamic finance. Boubyan received “The World’s Best Islamic Structured Products House 2023” award for being the mandated lead arranger, global agent, in financing the J3 project for developing Jaber Al-Ahmad Residential City at a total cost of KD 150+ million. Read Less

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This certification is leading as it is the top certification adopting recognized international standards to evaluate the reliability of the performance of data centers along with practices and risks considered to be of priority to the their operations, in addition to commitment to recommended practices to achieve optimal performance of the installed infrastructure, mitigating down-time risks, and avoiding human errors Certification Criteria The new Boubyan Bank Data Center was awarded the Gold Certification following audits by Uptime Institute to inspect data centers, their operational efficiency, and infrastructure, in addition to the Institute’s assessment of the proposed ideas for the best practices and innovative solutions to make further achievements and maintain excellence in sustainability and operation. The Tier III Gold Certification of Operational Sustainability