Kuwait Finance House (KFH) has been recognized as the "Best Bank for Financial Institutions in the Middle East for 2025" by Global Finance. This prestigious award is part of Global Finance's 25th annual Best Treasury & Cash Management Banks awards for 2025.
Abdullah Al Marzouq, General Manager Financial Institutions at KFH, expressed his gratitude for the recognition, stating, "We are honored to receive this esteemed award from Global Finance. This award highlights our achievements in delivering cutting-edge financial institution services regionally. KFH's Financial Institutions Department (FI) has played a pivotal role in advancing cross-border banking capabilities and strengthening correspondent banking networks.”
He added that this achievement is a testament to the unwavering commitment to excellence, innovation, and the highest standards of service in the financial sector, while reflecting the leadership in providing top-tier treasury and cash management solutions."
Al Marzouq continued, "the award of Best Bank for Financial Institutions in the Middle East highlights KFH’s strategic vision, robust financial performance, and its role as a trusted partner for financial institutions across the region.
He indicated KFH has strong connections with 148 banks worldwide, showing its influence in both regional and global markets and making KFH a key link between regional and international banking. This broad network supports KFH’s focus on specialized Islamic finance products and helps connect local markets with global financial opportunities.
Al Marzouq pointed out that KFH introduced several digital enhancements and innovations that improved processing speed and compliance integrity, such as:
- Integrated SWIFT GPI capabilities to improve payment transparency and tracking.
- Automated nostro reconciliation tools, reducing manual errors and operational risk.
- Implementation of automatic compliance screening tools to enhance onboarding and transaction filtering efficiency.
Al Marzouq reiterated that KFH remains committed to delivering exceptional value to its clients and stakeholders, indicating the award serves as an impetus to continue pushing the boundaries and pursuing excellence in the financial industry."
Criteria and mechanism
Global Finance's annual awards are highly regarded in the industry, recognizing banks and financial institutions that demonstrate excellence in treasury and cash management. The selection process involves a rigorous assessment of various criteria, including market share, customer service, product innovation, and the ability to meet the evolving needs of clients.
Global Finance used a multi-tiered assessment process—which included entries from banks and providers and input from industry analysts, corporate executives, technology experts and independent research—to select the best providers of treasury and cash management services. A variety of subjective and objective criteria were considered, 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.
Joseph Giarraputo
“Driven by digital advancements and demand for visibility, the Treasury and Cash Management sector is rapidly evolving,” said Joseph Giarraputo, founder and editorial director of Global Finance. “Corporations seek integrated platforms with automation and AI, while financial institutions offer innovative solutions for efficiency and transparency. The Treasury and Cash Management Awards recognize those excelling in this changing landscape.”
Global Finance
Global Finance, founded in 1987, has a circulation of 50,000 and readers in 188 countries, territories and districts. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 38 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world.