Kuwait’s leading asset management and investment banking institution, Kuwait Financial Centre (Markaz) has been named as the ‘Best Investment Bank’ in the country for 2021 by the New York-based financial publication, Global Finance Magazine.
This is the tenth time Markaz has been named as the best bank in 11 years, and the award follows the results of the annual survey, which are scheduled to be published in the magazine’s April issue.
Markaz topped the list of Kuwait’s most prestigious investment banks based on international benchmarks. According to the statement, the criteria for selection included quality of service, the volume of transactions, market share, pricing, and innovative transactions,
“Markaz won the “Best Investment Bank in Kuwait” award for the tenth time in 11 years, which reflects the exceptional quality of our investment banking team; especially in the areas of advisory and capital markets. It is the result of our strong commitment to provide our clients with the best quality service and to deliver on what we promise under all circumstances. This has earned us the trust of our clients and the notable appreciation we get from our local and international partners.”
Markaz has gained a reputation as one of the most dependable investment institutions due to its consistent success over time despite the difficulties that regional markets have encountered in the previous year. This recognition is a testament to the company’s research-driven decision-making culture.
Since its inception, Markaz has received more than 50 investment banking and wealth management awards from several prestigious international institutions, as per the company statement.
Global Finance Magazine Awards
The Global Finance Magazine Awards are regarded as a barometer of excellence in the global finance industry, as the magazine’s editorial board makes its decision after comprehensive consultations with banking experts, financial managers, and analysts from around the world.
The award is based on multiple criteria related to growth in assets, profitability, geographical reach, strategic relationships, development of new business, product innovation, reputation, customer satisfaction, and opinions of analysts and other players in this sector.