NBK receives 4 prestigious awards from Euromoney Awards for Excellence in 2025

22/05/2025 05:18 AST

In a new accomplishment that affirms its leadership in the banking sector, National Bank of Kuwait received four prestigious awards from Euromoney Awards for Excellence in 2025, the international magazine focused on finance and business.

These awards confirm the trust of international and prestigious institutions in NBK's successful strategy and its ability to adapt to fast-paced changes in the banking industry, while maintaining the highest standards of quality and excellence. Moreover, these awards celebrate NBK's exceptional commitment to providing the best and most innovative banking services, and its outstanding efforts in supporting ESG, corporates, diversity and inclusion and digital transformation.

Best Bank for ESG
Receiving the award of best bank in implementing ESG echoes NBK's deep commitment to adhering to the highest standards of sustainability in its operations. This category measures the extent to which financial institutions incorporate ESG strategies in its services, products, training, professional development, sustainable project financing, carbon emission reduction, in addition to aligning with global sustainability standards.

It should be noted that NBK has excelled in the field of ESG by supporting strategic initiatives and aligning with Kuwait Vision 2035 objectives, and it has always been a key player in many global initiatives, such as being the first bank in Kuwait to join the Partnership for Carbon Accounting Financials (PCAF) global initiative, further reflecting its determination to measure and manage the emissions of its finance and investment portfolios. More of NBK's ESG-related initiatives include being the first financial institution to issue green bonds at $500 million, which confirms its leadership in financing environmentally friendly projects, and adding solar panels in several branches. NBK also implements an ESG risk structure on Group level, and it is committed to adhering to the principles of the UN Global Compact (UNGC).

Best for large corporates
NBK's essential role in supporting big corporates is strongly reflected in winning the award of best corporate banking in Kuwait. This category seeks exceptional financial performance in corporate banking, corporate portfolio growth, innovative corporate banking products and services, digital transformation in corporate banking, as well as enhancing customer service and expanding service coverage. NBK has proven its remarkable abilityto meet the needs of big corporates by providing comprehensive and innovative financial and advisory services, as it plays a key role in financing grand strategic services that contribute to boosting economic development in Kuwait as well as businesses and entrepreneurs. In addition, NBK enjoys a wide network of relations and experiences that enable it to serve corporates exceptionally and enhance its position as a trusted partner for the private sector and big institutions.

Best Bank for diversity and inclusion
Euromoney also named NBK as best in diversity and inclusion in Kuwait's banking sector as per several standards, including achieving diversity and inclusion goals, launching relevant programs and initiatives, the number of people positively affected by diversity and inclusion efforts, employee diversity, and providing specialized training and development programs. This award verifies that NBK has made remarkable efforts to establish a diverse and inclusive work environment that encompasses all competencies and provides equal opportunities where all can flourish professionally. Moreover, NBK has constantly worked towards empowering women and increasing their opportunities to obtain leading roles, as well as supporting national professionals, and building a motivational and diverse work environment as it firmly believes that diversity and inclusion are two pillars of institutional success.

Kuwait Times