Boubyan Showcases Its Experience in Islamic Banking, Innovation, and Digital Transformation

Boubyan Bank’s delegation concluded its participation in the 2026 Annual Meetings of the International Monetary Fund and the World Bank, held in Bangkok, Thailand, from October 12 to 18, as part of the bank’s commitment to engaging in international economic and financial forums and tracking issues and trends shaping the future of the banking sector.

The delegation was led by Adel Al-Majed, Vice Chairman and Group Chief Executive Officer, and included Abdullah Al-Mohairi, Chief Operating Officer; Ahmed Al-Fahad, General Manager and Secretary of the Board of Directors; and Mohammed Al-Jasser Al-Ghanim, General Manager of the Corporate Financing and International Financing Group.

On the sidelines of the meetings, the Boubyan delegation held a number of bilateral meetings with senior officials and leaders of global financial institutions and banks, discussing cooperation prospects and exchanging views on economic and financial developments, as well as issues affecting the future of the banking industry. The talks also explored opportunities for knowledge sharing and the development of banking solutions and practices to enhance sector efficiency and keep pace with market demands.

The delegation also presented the bank’s experience in developing a banking model aligned with sector transformations, leveraging its expertise in Islamic banking and its use of digital technologies to enhance its services and solutions. It highlighted the bank’s achievements in innovation and digital transformation, and its role in supporting the growth of Kuwait’s digital economy and developing personal and corporate banking services.

The delegation also outlined the bank’s vision for the coming phase and its journey toward becoming an AI-powered financial institution, enabling the development of its business model and customer experience, enhancing operational efficiency, and strengthening its ability to adapt to changes and capitalize on growth opportunities.

On the sidelines of the meetings, Boubyan Bank won three global awards from Global Finance magazine: “Best Islamic Bank for Transaction Banking,” “Most Innovative Islamic Bank,” and “Best Islamic Bank for Retail Banking.”

This achievement reflects the expanding scope and distinction of Boubyan’s leadership, and its ability to translate continuous development into services and solutions that meet customer needs and solidify its global standing.

A Boubyan delegation participated in the reception for Kuwaiti banks organized by the Kuwait Bankers Association on the sidelines of the meetings, under the patronage and in the presence of Bank of Kuwait Central Governor Bassel Ahmed Al-Haroun, with the participation of Finance Minister Dr. Yaqoub Al-Rafai, Kuwait’s Ambassador to the Kingdom of Thailand Dr. Meshal Al-Mansour, along with several central bank governors from Arab countries, chairmen of the boards of directors of Kuwaiti banks, senior executive leaders in financial and banking institutions, and a select group of economic and investment figures from various countries around the world.

The delegation also attended the lunch hosted by Kuwait’s Ambassador to the Kingdom of Thailand in honor of the Kuwaiti delegation participating in the annual meetings, attended by the Governor of the Central Bank of Kuwait, the Finance Minister, and several representatives of the Kuwaiti financial and banking sector.

The annual meetings of the International Monetary Fund and the World Bank Group are among the most prominent economic and financial forums, bringing together finance ministers, central bank governors, leaders of financial and banking institutions, and decision-makers from various countries around the world.

These meetings provide an international platform for exchanging views on fiscal and economic policies, leveraging diverse expertise in addressing changes, and supporting opportunities for long-term growth and stability, thereby giving participating institutions a clearer vision of the trends reshaping the global economy and the banking industry.

Boubyan’s participation in the meetings enhances its presence in the global economic dialogue, enabling it to engage with international partners and discuss the key challenges and opportunities facing the financial sector. It also supports its alignment with global developments and the adoption of international best practices to develop its banking services and strengthen its ability to efficiently and effectively meet customer needs.