Kuwait – 14 February 2016: Gulf Bank is pleased to announce it has been named ‘Best Cash Management Provider in Kuwait’ by Global Finance magazine. This award recognizes providers that offer sophisticated domestic, regional and/or global solutions with an innovative technology backbone and a client-centric front end.

Global Finance uses a multi-tiered assessment process—which includes input from industry analysts, corporate executives, technology experts, independent research, and a reader’s poll—to select the best providers of cash management and treasury services. A variety of subjective and objective criteria are considered including: profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which both cash management and treasury providers have successfully differentiated themselves from their competitors around core service provision.

Mr. César González-Bueno, Gulf Bank Chief Executive Officer said: “Gulf Bank is pleased to have received this award as it recognizes the Bank’s excellence in cash management, a key product within our Transaction Banking department. At the Bank we are committed to offering products that are innovative and easy to use. Our cash management and payment solutions for corporate clients have state-of-the-art features and we will continue expanding services in this area.”

Global Finance has readers in 188 countries and targets international portfolio investors responsible for more than 80% of all global assets. It is also a valuable source of their awards are a trusted standard of excellence for the global financial community. A full report on the awards for the 52 best cash management providers and treasury services will be published in March 2016.

Gulf Bank seeks to continually raise its standards and set the benchmark for banking excellence in the region. In 2015, Gulf Bank’s success was recognized with over 20 awards. These awards were extending for its retail banking; customer service; products and performance; wholesale banking products; bank-wide operational excellence, human resources and staff development; as well as its advertising creativity and impact. In the specific area of cash management, during 2015, Gulf Bank won ‘Best Cash Management’ from Banker Middle East – Product Awards and the ‘Best Cash Management Bank in Kuwait’ from The Asian Banker.

To learn more about Gulf Bank, please visit one of its 56 branches, call the Customer Contact Center at 1805805, log on to its bilingual website at www.e-gulfbank.com, or see its social media channels on Instagram, Twitter, and YouTube.