Boubyan Wins Excellence Award for Digital Private Banking in the Middle East

Boubyan Bank has achieved a new milestone in the private banking and wealth management sector by winning the “Excellence in Digital Private Banking” award in the Middle East at the prestigious annual Global Wealth Management Private Banker International Awards for 2026, in recognition of its banking experience that combines high-quality personalized service with innovation in financial and digital solutions.

This accolade honors Boubyan’s digital service ecosystem for its private banking clients, which includes investment solutions, portfolio management, and financial planning for client wealth, designed to meet the needs of high-net-worth individuals. These services are integrated with advanced digital channels, reflecting an approach that combines specialized banking expertise with personal client engagement.

The award also reflects the confidence of international institutions in Boubyan’s performance in wealth management and underscores the bank’s commitment to developing solutions that help its clients manage and grow their wealth in alignment with their financial goals and future aspirations.

Commenting on this achievement, Mutlaq Al-Ghamlas, General Manager of Private Banking at Boubyan, stated that the award reflects the bank’s commitment to developing an integrated private banking model that combines service quality with advanced digital experience, meeting the expectations of high-net-worth individuals according to the highest global standards.

He added that excellence in private banking is linked to the bank’s ability to combine the quality of investment solutions with the efficiency of digital services, which Boubyan reinforces through a comprehensive suite that includes short- and long-term investment solutions, diverse investment funds, specialized financing solutions, alongside traditional banking services.

Al-Ghamlas explained that Boubyan’s approach to private banking is based on understanding each client’s needs and providing tailored solutions and strategies aligned with their objectives, while managing risks and achieving sustainable value for high-net-worth individuals and institutions.

On the other hand, he noted that digital channels have become an essential part of the private banking client experience at Boubyan, with more than 93% of client transactions conducted through these digital platforms. These channels provide easy access to investment services and allow clients to monitor their financial portfolios.

Al-Ghamlas expressed pride in the Private Banking and Wealth Management team, noting that this achievement is the result of their continuous efforts to deliver a premium banking experience and embodies the bank’s values of quality and excellence in customer service.

He concluded his statement by saying that Boubyan continues to work on providing an integrated system that combines specialized banking expertise with digital innovation, enabling its clients to benefit from advanced financial and investment solutions that add value to their banking experience.

The Global Wealth Management Private Banker International Awards base their evaluation on a panel of industry experts, according to transparent criteria that include measurable results, the impact of services on clients, and institutional performance.

The criteria also encompass the level of innovation in service design and delivery, the suitability of solutions for high-net-worth clients’ needs, and the use of technology and digital platforms to empower them to monitor their investment portfolios and manage their investments with flexibility, transparency, and reliability.