National Bank Wins 'Best Corporate Foreign Exchange Services Bank in the Middle East' Award

In a new achievement that underscores its regional leadership and its ability to deliver advanced, innovative solutions that meet the needs of companies and institutions in the foreign exchange markets, the Kuwait National Bank (KNB) was awarded the “Best Bank for Corporate Foreign Exchange Services in the Middle East” by the global Euromoney magazine, as part of its 2026 Foreign Exchange Services Awards.

Euromoney’s Foreign Exchange Services Awards are among the most prominent global honors specializing in foreign exchange markets. They are granted following a comprehensive evaluation based on financial performance, innovation levels, quality of services provided to clients, market impact, as well as client feedback, operational data, and professional standards adopted in the global foreign exchange sector. Participants are also independently assessed by industry experts and specialists, alongside Euromoney’s research and editorial teams.

This accolade reflects the Kuwait National Bank’s leading position in providing corporate foreign exchange solutions across the region, through a comprehensive suite of products and services designed to help clients manage currency volatility risks, enhance treasury operations efficiency, and support their business and investment expansion across various markets.

The bank’s win in this award confirms the success of its strategy, which aims at continuous investment in developing technological infrastructure and digital capabilities, and delivering advanced financial solutions grounded in a deep understanding of client needs, while leveraging the bank’s extensive regional and international network and its accumulated expertise in money and foreign exchange markets.

Euromoney Awards hold a prestigious status in the global banking and financial sector, representing an international benchmark for excellence, innovation, and leadership in financial services. Euromoney describes its Foreign Exchange Services Awards program as one of the most comprehensive and respected evaluations in the global foreign exchange industry, honoring institutions that achieve exceptional performance and deliver tangible added value to their clients and markets.

This recognition reaffirms the Kuwait National Bank’s commitment to continuously developing its foreign exchange and money market services and products, and enhancing its capacity to meet the growing requirements of local and regional companies and institutions, thereby solidifying its position as a trusted banking partner for the business sector in Kuwait and the region.

Commenting on this achievement, Hussein Al-Shaigi, Deputy Treasury Director at the Kuwait National Bank, said: “This honor reflects the success of our strategy in leveraging the latest technologies and digital solutions to enhance the efficiency of our foreign exchange services and deliver added value to our corporate and institutional clients.”

Al-Shaigi added: “At the Kuwait National Bank, we believe that technology is not here to replace humans, but to empower them and enhance their capabilities. We strive to have technology handle operational aspects, allowing our teams to focus more on strategic matters and to provide innovative ideas and solutions that support KNB’s leadership in delivering treasury and foreign exchange services across the region.”

This award adds to the bank’s distinguished record of international honors and awards, which reflect the strength of its performance, the robustness of its business model, and its leadership across various banking and financial sectors, and confirm its success in maintaining the highest levels of service and innovation according to the best global standards.