NBK Capital has been recognized by international finance magazine 'Euromoney' as the Best Investment Bank in Kuwait at the Euromoney Awards for Excellence 2009.

Euromoney noted that despite the issues faced by the Kuwaiti financial sector during the past challenging year, “NBK Capital, churned out an impressive list of transactions and worked with leading clients in Kuwait and across the region.”

Commenting on this achievement, CEO of NBK Capital Salah Y Al-Fulaij said: 'It is indeed a source of immense honor and pride to be awarded this highly coveted and prestigious accolade. This award is a reflection of the dedication and hard work of our staff.”

He continued: “This provides yet another testament of the unique and leading position that NBK Capital enjoys both locally and across the region as a prominent player in the investment banking sector.”

The award was received by Rani Selwanes, director – investment banking, and Khalifa Al-Ghanim, AVP – investment banking, at the awards dinner held recently in Doha, Qatar.

NBK Capital is a leading regional investment bank with offices in Kuwait, Dubai, and Istanbul. Established in 2005 as a wholly owned subsidiary of National Bank of Kuwait, the largest Kuwaiti bank and the highest-rated in the Middle East, NBK Capital has focused on providing the highest quality products and services to its clients and investors. Through its team of more than 150 professionals, NBK Capital offers a broad range of services including asset management, alternative investments, investment banking, and brokerage & research. 

This accolade follows the recent award received by NBK Capital from Global Finance magazine also recognizing the firm as Best Investment Bank in Kuwait 2009. – TradeArabia News Service