Best Islamic Bank in Kuwait

Global Finance has announced its list of the Safest Islamic Banks, where Boubyan Bank was named the Best Islamic Bank in Kuwait in 2021 for sixth year, owing to the growth of its various financial indicators and its market shares in addition to its ability to weather the repercussions of the Covid-19 pandemic. This highlights the leadership of Boubyan Bank over other deeply-rooted banks, and confirms the rapid growth of the bank based on the implementation of clear plans to deal with the Kuwaiti market in line with its well-studied strategy. 

Winning Criteria Set by the Panel of International Judges:

In its report about the selection criteria for choosing Boubyan Bank, Global Finance stated that the bank managed during a relatively short period to make great leaps in growing its financial indicators, especially its market shares, in one of the most competitive markets in the region. GF highlighted the bank’s efforts to combat the challenges of Covid-19 outbreak in Kuwait and the world and its ability to cope with the changes brought by the pandemic, which changed many aspects of our daily lives.

• Strength of strategy set by the bank for attracting and servicing digital customers. 
• Success in getting clients to use digital offerings.
• Growth of customers who use digital banking services through their various channels, whether through online banking or smart phones.
• Innovation and creativity in providing outstanding banking and non-banking services via electronic channels.