Latest news with #AmalAl-Duwaisan
Kuwait Times
22-05-2025
- Business
- Kuwait Times
NBK receives 4 prestigious awards from Euromoney Awards for Excellence in 2025
KUWAIT: In a new accomplishment that affirms its leadership in the banking sector, National Bank of Kuwait received four prestigious awards from Euromoney Awards for Excellence in 2025, the international magazine focused on finance and business. These awards confirm the trust of international and prestigious institutions in NBK's successful strategy and its ability to adapt to fast-paced changes in the banking industry, while maintaining the highest standards of quality and excellence. Moreover, these awards celebrate NBK's exceptional commitment to providing the best and most innovative banking services, and its outstanding efforts in supporting ESG, corporates, diversity and inclusion and digital transformation. Best Bank for ESG Receiving the award of best bank in implementing ESG echoes NBK's deep commitment to adhering to the highest standards of sustainability in its operations. This category measures the extent to which financial institutions incorporate ESG strategies in its services, products, training, professional development, sustainable project financing, carbon emission reduction, in addition to aligning with global sustainability standards. Amal Al-Duwaisan receives the Weyay Bank Award. It should be noted that NBK has excelled in the field of ESG by supporting strategic initiatives and aligning with Kuwait Vision 2035 objectives, and it has always been a key player in many global initiatives, such as being the first bank in Kuwait to join the Partnership for Carbon Accounting Financials (PCAF) global initiative, further reflecting its determination to measure and manage the emissions of its finance and investment portfolios. More of NBK's ESG-related initiatives include being the first financial institution to issue green bonds at $500 million, which confirms its leadership in financing environmentally friendly projects, and adding solar panels in several branches. NBK also implements an ESG risk structure on Group level, and it is committed to adhering to the principles of the UN Global Compact (UNGC). Best for large corporates NBK's essential role in supporting big corporates is strongly reflected in winning the award of best corporate banking in Kuwait. This category seeks exceptional financial performance in corporate banking, corporate portfolio growth, innovative corporate banking products and services, digital transformation in corporate banking, as well as enhancing customer service and expanding service coverage. NBK has proven its remarkable abilityto meet the needs of big corporates by providing comprehensive and innovative financial and advisory services, as it plays a key role in financing grand strategic services that contribute to boosting economic development in Kuwait as well as businesses and entrepreneurs. In addition, NBK enjoys a wide network of relations and experiences that enable it to serve corporates exceptionally and enhance its position as a trusted partner for the private sector and big institutions. Best Bank for diversity and inclusion Euromoney also named NBK as best in diversity and inclusion in Kuwait's banking sector as per several standards, including achieving diversity and inclusion goals, launching relevant programs and initiatives, the number of people positively affected by diversity and inclusion efforts, employee diversity, and providing specialized training and development programs. This award verifies that NBK has made remarkable efforts to establish a diverse and inclusive work environment that encompasses all competencies and provides equal opportunities where all can flourish professionally. Moreover, NBK has constantly worked towards empowering women and increasing their opportunities to obtain leading roles, as well as supporting national professionals, and building a motivational and diverse work environment as it firmly believes that diversity and inclusion are two pillars of institutional success.
Zawya
24-03-2025
- Business
- Zawya
Weyay Bank offers digital Eidiya for the third year in a row
Continuing its annual tradition, Weyay Bank, the first digital bank in Kuwait, is keen to provide digital 'Eidiya' through its mobile application. This service is part of the Bank's ongoing commitment to facilitate the process of sending and receiving 'Eidiya' simply and quickly, without the need to go to the bank or use ATMs and other traditional "Eidiya" services. This aligns with the Weyay Bank's efforts to keep pace with technological developments and provide its customers with an innovative banking experience that always meets their needs. Through this digital service, which contributes to improving customer experience and providing more convenience during Eid Al-Fitr, Weyay Bank aligns with the vision of the Central Bank of Kuwait to enhance digital transformation in the banking sector and develop the financial system in Kuwait to keep pace with the latest global technologies. One of the most prominent features of Weyay Bank's "Eidiya" service, which reflects its understanding of its customers' needs, is the ability to determine the amount the sender wishes to send as "Eidiya". After the customer creates an "Eidiya" request link through the Weyay app and adds a greeting message, the recipient of the link can determine the "Eidiya" amount, providing flexibility in choosing the appropriate amount. The Bank also offers the "Eidiya Link" service for Jeel cardholders, aged between 8 and 14 years old. This step aims to educate this age group on how to deal with financial technology and develop their skills in digital banking services, contributing to the development of a generation capable of dealing with digital payment tools in the future. With the activation of the new "Wamd" service in the Weyay app, Weyay cardholders can instantly send "Eidiya" through 'Wamd', powered by The Shared Electronic Banking Services Company (KNET), providing customers with a unique experience in terms of speed and security while transferring "Eidiya" between bank accounts. In this context, Amal Al-Duwaisan, Head of Weyay Bank, said: "The 'Eidiya' service, which Weyay Bank offers for the third year in a row, is part of the Bank's digital solutions that always meet customer requirements on every occasion and evolve to ensure the enhancement of customer experience, and we are proud to add the new "Wamd" service by 'KNET' this year. We also recognize the importance of 'Eidiya' in our culture, and we strive to present it in a modern way that aligns with the lifestyle of youth and younger generations, contributing to building a conscious and empowered generation in an increasingly digital world." Weyay Bank continues its leading role in providing innovative banking solutions, offering access to banking services easily and securely through its mobile app. The 'Eidiya' service will be available to all Weyay Bank customers during the last days of Ramadan and throughout Eid Al-Fitr on the Weyay app, providing families with a safe and convenient way to celebrate such a special occasion with their loved ones.
