NBK receives two awards

NBK receives two awards

KUWAIT: National Bank of Kuwait (NBK) has been recognized by Global Finance with two awards, with Group Digital Office being awarded as the “Best Financial Innovation Lab in Kuwait for 2023”and the banks’ innovative solutions being awarded the “Top Innovations in Finance for 2023”at the magazine’s prestigious annual event, The Innovators. This acknowledgment is determined based on feedback from a distinguished panel of experts, analysts, consultants, and global corporate executives.

The awards highlight the leading players and emerging trends in banking innovation and have become one of the premier awards in the field. This year marks the third year in a row of claiming the “Best Financial Innovation Lab in Kuwait for 2023”award, demonstrating its pioneering role as the first Kuwaiti bank to champion innovation, both domestically and regionally. NBK’s commitment to digital is a central tenet and adopts a holistic approach, from expanding their product line-up to guaranteeing the best user experience for customers.

Thus, NBK established Group Digital Office (GDO), as an internal digital transformation agency and innovation lab. GDO supports and fosters digital change in close collaboration with business units and other stakeholders. This is achieved through accelerating digital initiatives, consolidating talent, and bringing new ideas through Fintech partnerships.