Market Watch
Private Banking Department
The Private Banking Department helps in cementing long-term relationships with leading high net worth clients in the region.

The high net worth segment of the Gulf region is a growing segment thanks to oil riches, but continues to be underserved by regional players. While global players provide global solutions to this segment, there is hardly any discernable increase in the service levels from regional players. The private client segment of the Middle East is estimated to reach a level of USD 1.8 trillion by 2010 with over 500,000 potential investors as per a recent report. However, as a group, high net worth clients face some unique challenges in terms of home bias, concentration risk and asset allocation. The Private Banking team at Markaz understands the intricate nature of these challenges and endeavors to provide top-of-the-line solutions with a strong personal touch, to protect and grow our clients’ wealth.

We are proud to announce that all our Account Managers have been certified as ‘Chartered Wealth Managers’ by the internationally renowned AAFM.

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Kuwait Financial Centre - Markaz / Private Banking