Warba Bank Receives International Recognition from Euromoney for 2026

Worqa Bank has continued to strengthen its presence in the foreign exchange market, achieving a new international recognition from Euromoney for 2026. This step reflects the bank’s continuous development in its treasury sector and its ability to provide advanced financial solutions that meet customer requirements and keep pace with rapid shifts in global markets.

This honor extends the bank’s efforts to develop its treasury business and enhance its capabilities in foreign exchange through investment in specialized expertise, the development of financial tools and solutions, and the utilization of modern technologies, all of which contribute to elevating the level of services provided to customers across various sectors.

On this occasion, Abdullah Mahmoud Al-Lanqawi, Head of the Treasury Group at the bank, expressed his pride in this international recognition, emphasizing that continued global acknowledgment reflects the efforts made by the bank’s treasury team and the specialized solutions and services it provides in the foreign exchange sector.

Al-Lanqawi stated that “this achievement reflects the development witnessed by Worqa’s treasury system, which has worked over the past years to build specialized capabilities combining banking expertise, a deep understanding of market needs, and the ability to leverage technology to deliver more efficient and flexible services.”

He added that the bank continues to focus on developing its financial products and solutions to align with customer needs and market changes, noting that the foreign exchange sector is witnessing rapid developments that require high levels of readiness, flexibility, and responsiveness.

Al-Lanqawi affirmed that this recognition serves as an additional incentive to continue developing the treasury system and strengthening the bank’s position in providing specialized financial services, alongside ongoing investment in technology and national and professional staff capable of supporting the bank’s future plans.

He emphasized that receiving this international recognition reflects the continuous work carried out by the bank’s treasury, sales, and foreign exchange-related service teams, noting that building an integrated system in this field requires combining technical expertise, understanding customer needs, and continuous investment in technology.

Al-Lanqawi clarified that Worqa has developed its foreign exchange capabilities by strengthening its operational and technical infrastructure, alongside improving team efficiency and developing service delivery mechanisms, enabling customers to access more efficient and faster financial solutions.

He added that the evolution of global markets and the growing need for foreign exchange risk management require more flexible and specialized solutions, pointing out that the bank continues to work on developing a comprehensive suite of services that meet the needs of customers, whether corporations, institutions, or individuals from various segments.

Worqa places increasing importance on its treasury sector within its business framework, given the role that foreign exchange services play in supporting customer needs and enhancing their ability to manage financial transactions in local and global markets.

In this context, the bank continues to develop its foreign exchange services, focusing on providing flexible and efficient solutions that help customers manage their currency needs and utilize available financial tools according to their requirements and business nature.

The bank also relies on a specialized team with diverse expertise in treasury and financial markets, enhancing its ability to monitor market developments and respond to customer requirements more quickly and effectively.

This achievement comes as Al-Wafra Bank continues to invest in digital transformation and the development of its technological infrastructure, recognizing technology as a key driver for advancing the banking sector and enhancing customer experience.

The bank is leveraging digital solutions and modern technological tools across its various operations, including treasury and financial markets-related services, with the aim of boosting operational efficiency, accelerating transaction processing, and providing a more seamless and flexible banking experience.

This aligns with the bank’s strategic direction to strengthen its digital capabilities and deliver innovative banking solutions that keep pace with the rapid developments in the financial sector, while addressing customer needs in an environment characterized by intense competition and continuous change.

This latest recognition extends the bank’s track record of receiving international accolades across various areas of banking activity, reflecting the diversity of its capabilities and the evolution of its services and products.

In 2024, the bank was awarded “Best Foreign Exchange Bank in Kuwait” by Euromoney, an honor linked to the efforts of its Treasury Group in building a specialized framework to deliver foreign exchange services and innovative financial solutions. At the time, the bank’s statements highlighted the role of technology and product development in enhancing customer experience.

Al-Wafra Bank emphasizes that these achievements are the result of sustained efforts to develop an integrated system that combines specialized banking expertise, modern technology, and a deep understanding of customer needs, alongside a strong focus on innovation and the development of products and services.

The bank continues to strengthen its presence in financial markets and expand the range of solutions it offers to its customers, in line with its strategy to consolidate its position as a modern Islamic financial institution capable of keeping pace with changes in the local and regional financial sectors.