Markaz sets foundation for solid year with three award wins from Global Finance & Euromoney in Q1 2023

Markaz sets foundation for solid year with three award wins from Global Finance & Euromoney in Q1 2023

Kuwait: Kuwait Financial Centre “Markaz” announced that it has won three prestigious awards in the first quarter of 2023. Markaz was recently named the ‘Best Private Bank in Kuwait’ by Global Finance, as part of the magazine’s eighth annual World’s Best Private Banks Awards for 2023, which was held in New York City on March 16. The Company was also honored by Euromoney with two awards – the ‘Middle East's Best for Investment Research’ and the ‘Best Domestic Private Bank in Kuwait’, awarded at the Global Private Banking Awards 2023 ceremony, held in London on March 29. The awards honored institutions that best serve the needs of high-net-worth individuals as they seek to enhance, preserve and pass on their wealth. The judges select the winners with input from executives and industry insiders, information submitted by the institutions, and independent research. Markaz was praised for how it leverages its network of relationships to provide the best products and services for its clients. Its investment in technology, provision of customized solutions to clients and approach to ESG was also deemed notable.

Markaz’s reception of the private banking awards underlines its commitment to creating bespoke and comprehensive investment roadmaps for individuals, corporations, family offices,