National Bank of Kuwait wins Best Bank for Treasury & Cash Management

National Bank of Kuwait wins Best Bank for Treasury & Cash Management

National Bank of Kuwait (NBK) has been named the Best Bank for Treasury and Cash Management in Kuwait for 2023 by Global Finance.

Through its annual survey that includes input from hundreds of industry analysts, corporate executives, and technological experts, Global Finance names the Best Treasury and Cash Management financial institutions in the world.

Global Finance considers a variety of objective criteria in selecting the winners, including profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors around core service provision.

Global Finance announced the winners of the Best Treasury and Cash Management Bank Award in 72 countries and territories as well as regionally across four categories in Africa, Asia-Pacific, Central and Eastern Europe, Latin America, the Middle East, North America and Western Europe, and by US Region.

This year’s announcement came against the backdrop of a number of global difficulties, including persistent supply chain bottlenecks and the unprecedented rise in global inflation where smart management of cash and Treasury systems has become more important than ever. Furthermore, this award honors the organizations that best serve their clients in unpredictable times.

NBK was acknowledged as one of