Kuwait Financial Centre “Markaz” announced winning the “Best Asset Manager and Best Investment Bank in Kuwait - 2017” awards for the fifth consecutive year by EMEA Finance Awards, which is specialized in the financial and banking sectors. Markaz won these reputable awards due to its strong track record in the Asset Management and the Investment Banking fields. EMEA Finance recognizes the leading financial institutions across the region that stand out among their peers, demonstrate leadership in their home markets and top the performance. The awards consider various performance and structural factors such as market share, innovative products, growth in important product classes and corporate strategy.
Photo Caption: Mr. Bassam N. Al-Othman, Executive Vice President – MENA Real Estate Department, Markaz.
In light of this achievement, Mr. Bassam N. Al-Othman Executive Vice President, MENA Real Estate Department at Markaz said, “We are proud of this achievement, which is a testament of our teams’ continuous effort and our commitment to follow prudent risk management policies amidst the current circumstances in both local and international markets. Markaz is always keen to achieve the best results for our investors by backing up our investment decision with well-rounded research and investing in quality assets. These awards are also a result of our constant revision of our risk policy to ensure its compatibility with the rapidly changing investment environment.”
Mr. Al-Othman added, “We would like to thank EMEA Finance for granting Markaz the ‘Best Asset Manager and Best Investment Bank in Kuwait’ awards. Markaz ability to reap prestigious awards year after year reaffirms the quality of our asset management and investment banking services and recognizes the dedication of our team of professionals who strive to deliver suitable and value added financial advices and solutions to our clients.”
Markaz was also named “Best Investment Bank in 2017” by Global Finance. Markaz received these awards for its professional skills in executing many successful transactions for its clients in the fields of credit markets, equities, merge and acquisitions along with offering financial consultancy services.
About Kuwait Financial Centre “Markaz”
Established in 1974, Kuwait Financial Centre K.P.S.C “Markaz” is one of the leading asset management and investment banking institutions in the Region with total assets under management of over KD 1.03 billion as of 31 December 2017 (USD 3.40 billion). Markaz was listed on the Boursa Kuwait in 1997.