5th Safest Bank in GCC
Confirming its leadership in the path of making major achievements in 2020, Boubyan Bank has placed itself as 5th in Global Finance's list for the Safest Islamic Banks in the GCC. This confirms the success of the bank’s strategy and its resilience in various crises.
This rank is a remarkable achievement for Boubyan Bank in 2020, which witnessed a near complete lockdown due to the Covid-19 pandemic in Kuwait and the world over the past months that affected various economic sectors.
This list is considered a renowned and a trustworthy reference in terms of its standard and accurate criteria adopted by Global Finance in its assessment, which is 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 and other elements.
The most significant aspect about this award is that it comes from an international institution which is renowned for its fairness and credibility, and this crowns our efforts over the past years where the bank invested in IT and digital banking services.