National Bank of Kuwait named best corporate foreign exchange services bank in the Middle East for 2026

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

Euromoney’s FX 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 NBK’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 reaffirms the success of its strategy aimed at continuous investment in developing technological infrastructure and digital capabilities, and delivering advanced financial solutions grounded in a deep understanding of client needs, alongside leveraging the bank’s extensive regional and international network and its accumulated expertise in money and currency markets.

Euromoney Awards hold a prestigious position in the global banking and financial sector, representing an international benchmark for excellence, innovation, and leadership in financial services. Euromoney describes its FX 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 NBK’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 NBK, 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 NBK, we believe that technology is not here to replace humans, but to empower them and enhance their capabilities. We strive to have technology handle executive aspects, allowing our teams to focus more on strategic matters and provide innovative ideas and solutions that support NBK’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, reflecting the strength of its performance, the robustness of its business model, and its leadership across various banking and financial sectors, and confirming its success in maintaining the highest levels of service and innovation according to global best practices.